(navigation image)
Home American Libraries | Canadian Libraries | Universal Library | Community Texts | Project Gutenberg | Children's Library | Biodiversity Heritage Library | Additional Collections
Search: Advanced Search
Anonymous User (login or join us)
Upload
See other formats

Full text of "Forty-Sixth Massachusetts Fire"

State Library 



OF 



MASSACHUSETTS. 

B. 



Return as Soon as Used. 



_ 



e r 



PUBLIC DOCUMENT .... .... No. 9. 



FOKTY-SIXTH ANNUAL REPOBT 



Insurance Commissioner 



OP THE 



Commoitfomltjr ai ^KBBKtlpuBtttB. 



Januaey 1, 1901. 



PART I. 

FIRE AND MARINE INSURANCE. 



BOSTON : 
WRIGHT & POTTER PRINTING CO., STATE PRINTERS, 
18 Post Office Square. 
1901. 

to 



ft 



TABLE OF CONTENTS. 



[For Index to Companies, see end of volume.] 



COMMISSIONER'S REPORT. 

PAGE 

Introductory, v 

Companies authorized during 1900, v 

Companies ceasing to do business during 1900, vi 

The Insurance Cojipany of the State of Pennsylvania, ... vii 

The Traders Fire Insurance Company, viii 

South Danvers Mutual Fire Insurance Company, x 

Bound to make the test, xii 

A PROPER RESERVE, xiv 

The heduced-rate or co-insurance clause, xiv 

Examinations xvi 

The Erie Fire Insurance Company, xviii 

Reports of receivers of insolvent mutual fire companies, . . . xviii 

Receipts of the department largest in its history, .... xix 

Comparative tables, xxi 

Massachusetts Mutual Fire Insurance Companies: 

Comparative Table A, xxiii 

Massachusetts Mutual Fire-Marine Insurance Companies : 

Comparative Table B, xxiii 

Massachusetts Joint-Stock Insurance Companies: 

Comparative Table C, xxiv 

Insurance Companies of Other States: 

Comparative Table D, xxv 

United States Branches of Foreign Insurance Companies : 

Comparative Table E, xxvi 

Aggregates of all the companies, xxvii 

Massachusetts Business : 

Comparative Table F, xxviii 

Table G. — Fire risks written, premiums received and losses incurred in 

Massachusetts xxviii 

Statistical tables, xxix 



IV TABLE OF CONTENTS. 

Massachusetts Mutual Fire Insurance Companies : PAGl 

Table I. — Risks, assets, liabilities and surplus, xxx 

Table II. — Gross cash income and expenditures, premiums, losses and 

expenses, xxxii 

MA8SACHU8ETT8 MUTUAL MARINE INSURANCE COMPANIE8 : 

Table III. — Guaranty fund, 6crip, risks, assets, liabilities and surplus, . xxxiv 
Table IV. — Gross cash income and expenditures, premiums, losses and 

expenses, xxxiv 

Massachusetts Joint-Stock Insurance Companies: 

Table V. — Cash capital, risks, assets, liabilities and surplus, . . . xxxv 

Table VI. — Risks written, premiums received and losses paid, . . xxxvi 

Table VII. — Gross cash income and expenditures, expenses and dividends, xxxvi 

Insurance Companies of Other States : 

Table VIII. — Cash capital, risks, assets, liabilities and surplus, . . . xxxvii 

Table IX. — Risks written, premiums received and losses paid, . . xli 

Table X. — Gross cash income and expenditures, expenses and dividends, xlvi 

United States Branches : 

Table XI. — Showing deposits, etc., 1 

Table XII. — Income, expenditures, expenses, etc., lii 

Massachusetts Business in Detail : 

Table XIII. — Risks written, premiums received, losses paid, etc., . . lv 

Table XIV. — Receipts and expenditures of the insurance department, . lxi 

DETAILED STATEMENTS. 

Massachusetts mutual fire companies, 1 

Massachusetts mutual marine companies 87 

Massachusetts joint-stock fire and fire-marine companies, 94 

Fire, marine and fire-marine insurance companies of other States, . . . Ill 

United States branches of foreign companies, 419 

Appendix, o27 

Report of State Fire Marshal, 531 



^ommotttotaliji of Stassaxjwsrits. 



Insurance Department, Boston, April 8, 1901. 
To the General Court of Massachusetts. 

Herewith is submitted, as required by law, Part I. of the 
report of the Insurance Commissioner. It comprises certain 
comments upon the salient events in the record of the year, a 
statement of the income and expenditures of the department, 
tables giving in brief the business and standing of the fire and 
marine insurance companies and their statements in extended 
form as required by the statutes. 

The details of the admission of companies to Massachusetts 
and of the cessations during the twelve months ending Dec. 31, 
1900, are given in the following tables : — 

Fire Companies authorized during the Tear 1900, 



NAME OF COMPANY. 



Location. 



Date of 
Authority. 



Capital. 



Potomac, . 

Moscow, 

Salamandra 

Nassau, 

Camden, 

Bkandia, 

Rhode Island Mutual, . 
Manufacturers' Mutual, 
Mechanics' Mutual, 
•Fireman's Mutual, .... 
American Mutual, .... 
Enterprise Mutual, 

State Mutual 

Dutchess Insurance Company, 
Blackstone Mutual, 
Merchants' Mutual, 

Hope Mutual, 

What Cheer Mutual, 



Washington, D. C, 
Moscow, Russia, 



St. Petersburg, 

Russia. 
Brooklyn, N. T., 

Camden, N. J., . 

Stockholm, Sweden, . 

Providence, R. I., 

Providence, R. I. 

Providence, R. I. 

Providence, R. I. 

Providence, R. I., 

Providence, R. I, 

Providence, R. I. 

Poughkeepsie, N. Y., 

Providence, R. I., 

Providence, R. I 

Providence, R. I 

Providence, R. I.. 



Jan. 


4, 


Jan. 


17, 


Jan. 


24, 


Mar. 


5, 


Apr. 


30, 


June 


29, 


July 


9, 


July 


9, 


July 


9, 


July 


12, 


July 


16, 


July 


16, 


July 


16, 


July 


18, 


July 


25, 


July 


25, 


Sept. 


26, 


Sept. 


26, 



$200,000 
200,000* 
200,000* 
200,000 
200,000 
200,000* 



200,000 



* Deposit capital. 



VI 



REPORT OF THE 



Fire Companies ceasing 


to do Business in Massachusetts during 1900. 


NAME OF COMPANY. 


Location. 


Date. 


Remarks. 


Globe and Rutgers, . 

Insurance Company 8tate of 
New York. 

Thuringia-American, . 

Bavarian Mortgage and 
Exchange Bank. 


New York, . 
New York, . 
New Orleans, 
Wisconsin, . 
New York, . 
Pittsburg, 
Providence, . 
Norwalk, 
New York, . 
Baltimore, 
New York, . 
Bavaria, . 


Jan. 2, 
Jan. 2, 
Jan. 19, 
Jan. 20, 
Mar. 14, 
Mar. 7, 
July 3, 
July 2, 
Nov. 30, 
Dec. 31, 
Dec. 31, 
Dec. 31, 


Authority revoked. 

Authority revoked. 

Withdrew. 

Reinsured in Concordia. 

Withdrew under compulsion. 

Withdrew. 

Reinsured and withdrew. 

Reinsured and withdrew. 

Merged with Northern. 

Reinsured and withdrew. 

Discontinued business. 

Discontinued business. 



Since Jan. 1, 1901, authority to do business in Massachu- 
setts has been granted to the Palatine of London, deposit cap- 
ital $200,000 ; the Colonial Fire of Washington, D. C, capital 
$200,000; Indianapolis Fire of Indianapolis, Ind., capital 
$200,000; Pawtucket Mutual Fire of Pawtucket, R. I.; Phil- 
adelphia Manufacturers' Mutual Fire of Philadelphia, Pa. ; 
Mercantile Mutual Fire of Providence, R. I. ; and the Central 
Manufacturers' Mutual of Van Wert, O. 

Since January 1 there have been two withdrawals, — the 
Palatine of Manchester, in favor of the Palatine of London, 
which was organized to take the former's business : and the 
International Fire of Xew York. The license of the Insurance 
Company of the State of Pennsylvania was revoked on March 
19, for reasons elsewhere stated. 

The notable feature of the admissions is the fact that thirteen 
of the twenty-five companies last admitted are " mill mutuals," 
most of which are Rhode Island corporations. It is a matter 
for congratulation that they are here doing business under the 
sanction of law, and paying the Commonwealth the tax which 
companies are morally bound to pay when they insure Massa- 
chusetts business. 



INSURANCE COMMISSIONER. Vll 

The Insurance Company of the State of Pennsylvania. 

A few words may not be amiss regarding the revocation of 
the authority of the Insurance Company of the State of Penn- 
sylvania to transact business in this Commonwealth. A study 
of the statements of this company to this department for two 
years back revealed the fact that it had been growing gradually 
weaker, on account of excess of expenditures over receipts. 
Then there were certain suspicious items in its statement of 
December 31 last, which the department undertook to investi- 
gate by correspondence with the company. The result was the 
filing of a new statement as of same date as the one already 
received, which increased the surplus of the company about 
$37,000, but did not clarify the situation; nor was the depart- 
ment able, after much correspondence, to obtain the informa- 
tion necessary to an understanding of the company's condition, 
although it did get many affirmations of the virtue and honesty 
of the president, who conducted the correspondence for the 
company. It also received an assurance from the president 
that he was the only person who was informed about its 
accounts and affairs. The insurance department of Pennsyl- 
vania was called in to make an investigation and report, at the 
request of the Xew York department, and after some delay a 
copy of that report was furnished this department. It showed 
that the company had, under the examiner's treatment of its 
assets, in accordance no doubt with the laws of his State and 
the usage of his department, a surplus of about $40,000. It 
revealed the fact also that the company's statement to this 
department greatty exaggerated the amount of cash in office. 
Another difference was that the examiner found a certain 
liability to be upwards of $64,000, which the statement gave as 
about $26,000. There were other " discrepancies," to use no 
harsher term, which showed that the statements of the com- 
pany were not to be implicitly relied upon, if, indeed, they did 
not furnish internal proof of their inaccuracy. 

Had the report of the examiner of the insurance department 
of Pennsylvania presented a statement showing a surplus of 
$40,000 for the company, without including items in assets 
which this department does not allow, but which are not ques- 
tioned as being on the books of the company, it would not 



Y111 REPORT OF THE 

have been necessary to proceed to the extremity of revocation 
of the company's authority in Massachusetts, whatever steps 
may have been decided to be proper in regard to the discrepan- 
cies in the statements which had been attested, as all such state- 
ments are, " under solemn oath." Discarding items such as are 
never included by this department in a company's assets, the 
condition of the company from a financial point of view was un- 
satisfactory ; and the commissioner, in the exercise of authority 
given him, acted as his sense of duty and responsibility to the 
public required. 

The Traders Fire Insurance Company. 

On the 14th of March, 1900, the Traders Fire Insurance 
Company of New York withdrew from this Commonwealth, 
under compulsion, the alternative being a revocation of its 
authority. At the time it was thought that the situation war- 
ranted this degree of leniency in place of summary expulsion ; 
later, it proved otherwise. It seems desirable that the facts in 
this case be reported to your honorable body. The company, 
at the time of its admission to this Commonwealth, on April 1, 
1898, presented a satisfactory statement of its financial condi- 
tion, which statement was verified by a certificate of the New 
York insurance department to the effect that an examination of 
the company's books and affairs showed it to be correct. The 
company presented a strong front of directors, who comprised 
twenty-four of New York's prominent men in business and pro- 
fessional life, — presidents of banks and banking institutions 
and trusts, an ex-cabinet officer, a United States senator, an 
ex-United States senator, and the like. The statement cover- 
ing the business of the balance of the year 1898, which was 
sent to this department early in 1899, aroused no suspicions ; 
but that of the year following, although it showed on its face a 
surplus of $10,818, had the ear-marks of un worthiness. By 
the application of the usual rules of this department in such 
cases, an impairment of about $30,000 resulted, and the com- 
pany, as before stated, left the Commonwealth about the middle 
of March. Its affairs subsequently did not prosper, but some- 
how it held itself toaether, bv making a reinsurance deal on 
April 27, 1900, until late in the summer, when it was unable 
to raise funds to make the payment required by its reinsurance 



INSURANCE COMMISSIONER. IX 

contract. Then, on August 1, the insurance superintendent 
of New York set a force of examiners at work, who made a 
report in full on September 21. In that report it was shown 
that the statement of Dec. 31, 1899, sworn to by William A. 
Halsey, president, and Theodore Sutro, secretary, was grossly 
false in every essential particular. The amount of cash in 
bank was given in the sworn statement as $4,679.84, which 
was in excess of the true balance. The statement gave pre- 
miums in course of collection not over three months due as 
$123,795.08 ; the true amount was found to be $84,838.18. If 
the assets showed the result of an attempt to pump them full 
of wind, the liabilities suggested that an hydraulic press had 
been at work on them, as losses amounting to $83,340.27 were 
compressed to $44,811.62, and an unearned premium liability 
of $199,067.53 to $79,122.18. The $20,730.05 of reinsurance 
due was somehow squeezed down to $3,770.85. The net result 
of it all was that the New York examiner found the company 
impaired $198,819.26, or a sum equal to about the entire 
capital stock. This department had no suspicion of such 
wholesale crookedness, although it could not approve the state- 
ment made by the company. 

There were those who thought the commissioner rash to 
compel such a company, with such a board of directors, to 
withdraw, when its sworn statement showed a surplus. Quite 
likely there are criticisms of his act by interested parties when- 
ever he exercises the authority conferred upon him by law to 
debar weak and unworthy companies from the Commonwealth. 
It is not always that the justification comes so speedily and 
overwhelmingly as in the case of the Traders. Yet it is not 
going further than experience and observation warrant to say 
that, whenever in a company's statement there are evidences 
of an attempt to pad resources or condense liabilities, there is 
no danger that the application of reasonable rules of adjustment 
will wrong the company. More often its real condition, if on 
the down-hill track and resorting to expedients to save itself, 
is much worse than any superficial view could suggest. The 
danger is not in wronging such companies, but in wronging 
the public b} r treating them with greater leniency than they 
deserve. 

It is interesting to note further in this connection that there 



X REPORT OF THE 

have been repeated attempts to secure from a grand jury an 
indictment of the president and secretary of the company, but 
without avail. The reason for the refusal seems to lie in the 
fact that the officers of the company had turned the adminis- 
tration of its affairs over to a firm of insurance agents, as 
general managers under contract, and that the false statement 
was one prepared by these general managers and presented to 
the president and secretary to sign, which they did without 
question, "supposing it to be all right." The case thus re- 
solves itself into one of that class where a magnificent list of 
names as directors was presented to catch the public eve and 
dollars, not one of whom gave the business sufficient attention 
to know anything about the condition of the company. The 
public supposed, as it had a right to suppose, that the names 
printed so conspicuously as directors meant at least an honest 
administration of the company's affairs. It did not for a 
moment think that such names would be lent simply to tempt 
the unwary to put their trust in an institution that in reality 
was run without the supervision of directors by a coterie of 
unscrupulous adventurers. An attempt was made to induce 
the directors to contribute the to them comparatively small 
amount necessary to save the company from insolvency and 
receiver's hands, but without success. Harry A. Han bury of 
South Brooklyn is the receiver. 

South Danvers Mutual Fire Insurance Company. 

By the failure of the South Danvers National Bank, which 
went into the hands of a receiver in October last, by reason of 
reckless if not criminal mismanagement, the South Danvers 
Mutual Fire Insurance Company is a heavy loser, but as yet it 
is impossible to say to what extent. The insurance company 
held 110 shares of the stock of the bank, the par value of which 
was $11,000; and it has been assessed by the receiver of the 
bank for the full amount for which it was liable under the 
national bankiug law, namely, $11,000. Besides this loss of 
s 2 2,000, the insurance company had deposited in the bank at 
the time of its failure $19,383.18, which is now tied up and 
may perhaps never be recovered in full. Should it prove a 
total loss, however, the company would still have a surplus. 

The natural question is, How happened it that the affairs of 



INSURANCE COMMISSIONER. XI 

these two institutions were so intimately connected that failure 
of the one should inflict so great damage upon the other? The 
reason is apparent when it is known that the executive officer 
of the two institutions was the same person, — Mr. George W. 
Foster. As cashier of the bank, he appears to have run it not 
strictly in accordance with the best business principles ; and as 
secretary of the insurance company, and virtually its treasurer, 
he came to look upon it apparently as an adjunct to the bank, 
and used it accordingly. 

The company was examined by this department in Decem- 
ber, 1898, and nothing further than the intimate relations 
between the two institutions was found to create suspicion. 
As the law does not require examinations of insurance com- 
panies to be made oftener than once in three years, the next 
examination would not have been due until December of the 
present year ; but a feeling of apprehension led to an examina- 
tion of the company last September, and it was found that only 
a few weeks before choice securities of the insurance company, 
amounting to $9,000, had been sold by its secretary, — without 
authority, the directors assert, — and the proceeds deposited 
in the bank, where already there was upwards of $10,000 of 
the company's funds on deposit. It was also found, upon 
checking up the accounts, that securities to the amount of 
$7,000 were missing. Inquiry revealed that they had been 
deposited as collateral for a loan, but not for the insurance 
company. When the secretary was confronted with the dis- 
crepancy, he acknowledged it, and said that the taking of the 
funds was the act of a clerk, in order to obtain funds for the 
use of the bank, when he, the secretary, was absent. The sec- 
retary, however, promised to have the securities returned at 
once, and, as a matter of fact, they were redeemed in a few 
days and returned to the box of the insurance company, which 
was conveniently located in the vault of the bank, and accessi- 
ble to Mr. Foster without the presence of a second party. 
The timely appearance of the examiner of this department on 
the scene undoubtedly saved this lot of securities for the insur- 
ance company. 

These facts are given in order to call attention to the oppor- 
tunities and temptations which are placed before a person in 
Mr. Foster's position, and to question whether a law should 



Xll REPORT OF THE 

not be enacted which would separate the management of two 
financial institutions of this kind, or at least provide for their 
concurrent examination, the same as in the case of savings 
banks and national banks when under the same management. 
Here was a case where securities, many of which were coupon 
bonds, were within reach of the cashier of the bank. Though 
belonging to another institution, they were in his custody, and 
when the affairs of the bank reached such a condition that funds 
must be secured, or failure and disgrace follow, it placed the 
cashier under tremendous pressure to use the opportunities for 
relief that reposed in a little box, the key of which he had. Is 
not this a position of temptation which the laws ought not to 
permit ? Would it not be far better to have an absolute sepa- 
ration for such financial institutions? It might, seemingly, 
cost more for such separate management ; but would this be 
the case, as a matter of fact, in the long run? Note how it has 
been in the case of this insurance company. Its incorporation 
dates back to 1828. Its managers gradually laid by a little of 
the income, and for the past thirty years the premiums returned 
to policy holders have almost equalled the premiums received, 
so that the insurance has cost its members practically nothing. 
In the ten years beginning with 1870 the premiums received 
amounted to $30,488, and premiums returned to $25,848. In 
the next decade the figures were $30,472 and $28,769 respec- 
tively ; and in the next, $36,000 and $34,026. Practically, a 
person holding a five-year policy renewed by simply paying the 
fee for a new policy. This fee and the interest upon the assets, 
which reached the high-water mark of $69,372 in 1892, paid all 
expenses of running the company. Now, this loss of S22,000 
absolute and this possible loss of the whole of the deposit of 
the company in the bank might much better have been spent 
in paying for a separate management of the company, which 
would have been subject to no such tempation to use funds for 
bolstering up another institution. 

Bound to make the Test. 
An early plan for carrying on the business of mutual insur- 
ance was for each person desiring protection to pay down at 
the time of taking his policy a small sum as his share of the 
current expenses of the company, and to give his note for a 



INSURANCE COMMISSIONER. Xlll 

percentage of the amount insured, in lieu of a cash premium. 
These notes constituted the total liability of the members. 
They were likewise the capital of the company, and whenever 
a loss occurred, were assessable each for its proportionate part 
for paying the indemnity promised. If no fire brought loss to 
the company during the life of a policy there was no assess- 
ment, and the total cost to the insured was what he paid 
towards the fund for meeting current expenses, which as a 
matter of fact were very small. Many mutual companies were 
organized in this Commonwealth on this plan, but they have 
been gradually closing up, so that now only six remain. In 
their place is the modern mutual company, operating on the 
basis of receiving cash premiums, and then providing in its 
policies and by-laws for a contingent liability on the part of its 
members, such liability not to be less than the cash premium 
originally paid. This plan made the company just as secure 
as its predecessor, and obviated the necessity of asking mem- 
bers to sign a note. 

It is worthy of consideration that interest in the old method 
has been revived to some extent by the fact that the Salisbury 
and Amesbury Mutual Fire Insurance Company, incorporated 
in 1855 on the deposit note plan, and located at Amesbury, 
has now come under the control of the State Grange, and will 
be used by that organization in covering risks of its members. 
This movement of the farming community to effect its insurance 
through a company controlled by its representatives, and devot- 
ing itself to the insurance of grange property, will be watched 
with much interest. On the one hand, the owners of farm 
property believe that they are paying altogether too much for 
their insurance ; and, on the other hand, the insurance com- 
panies present figures to show that at present rates there is a 
loss in covering farm buildings. If this is so, the experience 
of the company now undertaking to insure grange property 
will show it without great delay ; but if, by keeping down the 
expenses, buildings in a rural community may be satisfactorily 
insured at less cost than at present, or even at the same cost, 
their owners will naturally be pleased with the result, and the 
stock and mutual companies which have been carrying such 
property at a loss will of course rejoice also, for it is prepos- 
terous to suppose that they care to continue to cover a class of 



XIV REPORT OF THE 

property which affects their accounts unfavorably. Should the 
company in this ambitious venture, whether continued on the 
present plan or changed to the modern mutual basis, prove 
that the cost of insurance by means of it is greater than the 
premiums that reliable companies would charge, it will not take 
long for the risks to drift back to their old anchorage. The 
cost of goods, as a general rule, is a determining factor in guid- 
ing the currents of trade. This enterprise ought to prove a 
pretty fair test of the question whether farm property can be 
insured in a mutual company carrying only farm risks for a 
less rate than that fixed by the companies that have been cover- 
ing property of that character in connection with protected 
risks. 

A Proper Reserve. 

The department has discovered in only one instance in the 
statements presented in this report any attempt to compute the 
reserve on a false or mistaken basis. The company in ques- 
tion had reinsured a large amount of business of another com- 
pany, the original premiums of which amounted to upwards of 
$400,000. Instead of charging itself with the same reserve 
that this reinsured business would have required had it been 
retained by the original company, the reinsurer charged itself 
a reserve based on what it received for assuming the risk. The 
attention of the company was called to the incorrectness of this 
method of computation, and the company at once complied with 
the requirements of the department, and charged itself with a 
reserve based upon the amount written in the original policies. 
The company in question was possessed of a large surplus, so 
that there was no reason to suspect that the improper charge 
was made to help out a weak statement. It appeared rather to 
be an unpremeditated act, not actuated by any improper motive. 

The Eeduced-rate or Co-insurance Clause. 
The insurance law provides, Statutes of 1894, chapter 522, 
that a company may write upon the margin or across the face 
of a policy, or write or print, in type not smaller than Long 
Primer, upon separate slips or riders to be attached thereto, 
provisions adding to or modifying those contained in the stand- 
ard form; and all such slips, riders and provisions must be 
signed by the officers or agent of the company so using them. 



INSURANCE COMMISSIONER. XV 

A rider generally known as the reduced-rate or co-insurance 
clause is often attached to a policy, and reads somewhat as 
follows : — 

It is a part of the consideration of this policy and the basis upon 
which the rate of premium is fixed that the assured shall maintain 
insurance on the property described by this policy to the extent at 
least of 80 per cent, of the actual cash value thereof, and that, fail- 
ing so to do, the assured shall be an insurer to the extent of such 
deficit, and to that extent shall bear his, her or their proportion of 
any loss that may happen to said property : provided, however, that 
in the adjustment of any loss or damage by fire on stock or merchan- 
dise, no inventory for the purpose of ascertaining the application of 
the foregoing clause shall be required, unless the amount of damage 
is at least 5 per cent, of the amount of insurance on such stock or 
merchandise. It is expressly understood and agreed that in case 
there shall be more than one item or division in the form of this 
policy, this clause shall apply to each and every item or division 
separately. 

The reason for attaching this clause to the policy may be 
clearly shown by an illustration. '* A" and " B" own houses 
side by side, of the same value, say $10,000. " A" insures his 
for $8,000, for which he pays a premium of $80, and " B" his 
for $5,000, for which he pays a premium of $50. A fire occurs, 
which damages each house to the extent of $3,000. Under a 
former method of treating these two transactions, each would 
receive the same amount of insurance, although one had paid 
$80 and the other $50. 

It is true that i ' B " would have been the greater loser had 
the loss been total instead of partial. Were losses always 
total, the inequality shown by the above illustration would 
not exist, and no remedy would be called for. But the fact 
is that a large percentage of losses are partial. As fire depart- 
ments become more efficient, fire-retarding construction more 
general, and the expense to prevent the spread of fires greater, 
the number of partial losses compared with total increases, 
and the more inequitable becomes the old method of adjustment. 
To remove this inequality the reduced-rate clause was devised. 
Its basis is the principle that an owner who insures his property 
for three-fourths of its value ought to be accorded a less rate 
than is charged one who insures only one-half the value of his 



XVI REPORT OF THE 

property, since each receives, as has been shown, the same in- 
demnity. 

In accordance with this principle, insurance companies make 
their rates on the assumption that every insurer will choose to 
insure his property to the extent of one-half its value only ; but 
if he will obligate himself to carry an amount equal to, say, 
80 per cent, of the value of his property, under the provisions 
of the reduced-rate clause, a large reduction in rate is made. 

No person is compelled to carry the per cent, named in the 
reduced-rate clause, or any other particular amount ; but under 
the provisions of that clause, and after availing himself of the 
reduced rate, if the assured does not carry such per cent, of 
the value of the property at the time of the loss, he must be 
considered a co-insurer, and bear a part of the loss himself. 

Adjustments under the co-insurance clause in cases of loss 
are generally simple. The only case in which the clause in 
question applies is when both the amount of insurance carried 
and the loss incurred are less than the guaranteed per cent, of 
the value of the insured property at the time of the fire. For 
instance, if the 80 per cent, clause was attached to a policy on 
property valued at $50,000, and only $30,000 of insurance was 
carried, in case of a loss of $20,000, the assured, having only 
three-fourths of the insurance guaranteed, is deemed to be a 
co-insurer for the other one-fourth ; consequently, the amount 
he would receive would be three-fourths of $20,000, or $15,000. 
Had $40,000 been carried, or 80 per cent, of the value, no 
matter how small the loss, it would be borne in full by the 
insurer. The clause therefore has no effect on the settlement 
of a loss when the amount of insurance carried is equal to or 
greater than the percentage guaranteed in the clause, nor has 
it any effect when the loss compared with the value reaches a 
percentage equal to or greater than that which the guaranteed 
insurance bears to the value of the property. From this latter 
statement it must be manifest that in case of total loss the 
clause does not apply. 

Examinations. 
The law provides that domestic insurance companies shall be 
examined at least once in three years. In obeying its injunc- 
tion, the examiner of this department has during the past year 



INSURANCE COMMISSIONER. 



XV11 



visited the offices and made an investigation of the books of 
records and accounts of the lire insurance companies named in 
the following table, which gives also the time of the previous 



examination : — 



NAME OF COMPANY. 



When 
previously ex- 
amined. 



Atlas Mutual Insurance Company, 

South Danvers Mutual Fire Insurance Company, 
Whiting Mutual Insurance Company, chartered, 

Citizens' Mutual Insurance Company, 

Cotton and Woolen Manufacturers' Mutual Insurance Company, 
Rubber Manufacturers* Mutual Insurance Company, 

Lumber Mutual Fire Insurance Company 

West Newbury Mutual Fire Insurance Company, 
Annisquam Mutual Fire Insurance Company, .... 
Mutual Protection Fire Insurance Company, .... 
Boston Manufacturers' Mutual Fire Insurance Company, 
Arkwright Mutual Fire Insurance Company 



January, 1898. 
December, 1898. 
Nov. 9, 1898. 
October, 1897. 
October, 1897. 
October, 1897. 
October, 1898. 
October, 1898. 
October, 1898. 
November, 1897. 
October, 1897. 
October, 1897. 



The department examined also, early in the year, the Po- 
tomac Fire Insurance Company of Washington, D. C. This 
company applied for admission to do business in Massachusetts, 
and, as there was no insurance department in that district to 
verify the financial statement submitted, it became incumbent 
upon the Massachusetts department to make an investigation 
of its financial status. The rule generally followed by this 
department, when companies of other States apply for admis- 
sion, is to ask for a certified verification of the financial state- 
ment by the insurance department of the home State of the 
company. Such verifications are given faith and credence as 
far as soundness in the home State is concerned, thereby recog- 
nizing the comity which should exist between the insurance 
departments of the various States. This does not mean, of 
course, that a statement so received is always accepted as 
received. If, for instance, under the laws and usages of the 
home State, assets are included which, under our laws, should 
be disallowed, the statement is revised accordingly, and this 
without in the least discrediting or casting reflections upon the 
examination by the department of the home State. So, too, 



XV111 REPORT OF THE 

are accepted examinations of duly admitted outside companies 
by insurance departments of their own States, instead of mak- 
ing such examinations from time to time by this department ; 
revising them, however, by applying, for example, the pro- 
visions of our law relating to special deposits and reinsurance 
in unauthorized companies, and the like. Experience teaches 
that there is seldom any need to exercise the authority con- 
ferred by our law of making an examination of a company of 
a State which has a well-organized insurance department. It 
answers every purpose of safety to have the examination made 
by the home department, and its report revised to conform to 
Massachusetts requirements. 

The Erie Fire Insurance Company. 

As the annual statement of the Erie was unsatisfactory, and 
as correspondence with the New York insurance department 
elicited the fact that it was engaged in an examination of the 
company, it was thought best not to make use in this report of 
the figures in possession of this department, but to await the 
report of the examination, and then give its findings to the 
public in some appropriate way. 

Keports of Receivers of Insolvent Mutual Fire Com- 
panies. 

Commonwealth Mutual Fire, — William B. Stevens, receiver, 
209 Washington Street, Boston; appointed May 28, 1895. 
Cash in hands of receiver Dec. 31, 1899, $21,980.89 ; receipts 
during the calendar year were $9,523.06, of which $8,146.39 
came from assessments upon policy holders. The disburse- 
ments amounted to $27,882.74, of which $20,723.32 was for 
claims on account of fire losses. There is a balance of S3, 621.21 
in the hands of the receiver, with no outstanding liabilities. 

Eastern Mutual Fire. — Fred H. Kidder, receiver, 82 Devon- 
shire Street, Boston; appointed Feb. 2, 1897. The receiver 
had on hand Dec. 31, 1899, $405.19, and collected during the 
succeeding calendar year $375; his disbursements were $300, 
leaving the balance on hand Dec. 31, 1900, $480.19. The total 
outstanding liabilities are $12,008.75. 

Fagle Mutual Fire. — R. D. Weston-Smith, receiver, 53 
State Street, Boston; appointed May 14, 1897. The receiver 



INSURANCE COMMISSIONER. XIX 

began the year 1900 with a balance of $226.43 ; collected 
$35.02, making a total of $261.45, all of which has been dis- 
bursed. By decree of the supreme court, issued in May, 1900, 
the affairs of the company were declared closed. 

Melrose Mutual Fire. — Alpheus Sanford, Mason building, 
Boston, appointed receiver Nov. 26, 1895. The last statement 
of the receiver showed a cash balance of $1,372.41, with liabil- 
ities of $4,756.55. No statement yet received for Dec. 31, 
1900. 

Suffolk Mutual Fire. — James C. Davis, receiver, 65 Mason 
building, Boston ; appointed March 22, 1895. Eeceiver began 
the year 1900 with funds amounting to $120.70 ; returned pre- 
miums were paid amounting to $47.27, leaving in the hands of 
the receiver at the close of the year $73.43. 

Firemen's Fire Insurance Company. 

The International Trust Company of Boston was appointed 
receiver of the Firemen's Fire of Boston on July 6, 1900, on 
which date it came into possession, as receiver, of funds amount- 
ing to $401,610.73. The receipts for the balance of the year 
were $15.42, for interest on bank balances, and the disburse- 
ments $300, for counsel fees, leaving a balance of $401,326.15 
on hand on December 31. 

Receipts of the Department Largest in its History. 

The receipts of the insurance department for the year 1900 
were $83,845.47, and the total expenditures on its account, 
covering salaries, printing and all out-goes of every name, 
$41,104.34. The net profit accruing to the Commonwealth was 
$42,741.13. This increase is the result not of any change in 
the law to secure greater revenue, but rather of the growing 
magnitude of the insurance business, its growth increasing at 
a much faster pace than the appropriations required by the 
department to enable it to do the work imposed upon it by 
law. 

Respectfully submitted, 

FRED'K L. CUTTING, 

Insurance Commissioner. 



COMPAKATIVE TABLES. 



Comparative Table A. — Massachusetts Mutual Fire Insurance 

Companies. 





1899.* 


1909.* 


Increase or 
Decrease in 1900 


Assets (including contingent), 


$35,739,225 


$37,892,734 


$2,153,509 


Liabilities, 


5,334,828 


5,560,649 


225,821 


Cash surplus, . 


5,931,533 


6,078,221 


146,688 


Income, 


5,724,413 


6,150,865 


426,452 


Expenditures, . 


5,578,716 


5,843,328 


264,612 


Risks written, . 


578,801,981 


629,380,446 


50,578,465 


Net premiums received, . 


5,242,981 


5,654,423 


411,442 


Risks outstanding, 


896,764,638 


946,323,400 


49,558,762 


Losses paid, . 


1,136,836 


1,131,494 


—5,342 


Losses incurred, 


1,093,082 


1,119,595 


26,513 


Assessments collected, 


19,144 


6,140 


—13,004 


Profits returned, 


3,579,707 


3,774,013 


195,306 


Expenses, 


833,797 


879,607 


45,810 



• Forty-five companies. 

Comparative Table B. — Massachusetts Mutual Fire- Marine 

Insurance Companies. 





1899.* 


1900.* 


Increase or 
Decrease in 1900. 


Assets, 


$464,981 


$507,289 


$42,308 


Liabilities, 


242,519 


233,823 


—8,696 


Surplus, 


222,462 


273,466 


51,004 


Income, 


323,933 


459,083 


135,150 


Expenditures, . 


407,790 


385,644 


—22,146 


Risks written, . 


31,994,882 


40,251,098 


8,256,216 


Net premiums received, . 


317,179 


404,689 


87,510 


Losses paid, . 


308,972 


302,875 


—6,097 


Losses incurred, 


300,585 


208,726 


—91,859 


Risks outstanding, 


10,793,684 


14,535,751 


3,742,067 


Expenses, , 


74,890 


81,323 


6,433 


Scrip dividends declared, . 


- 


- 


- 


Scrip redeemed, 


- 


- 


- 


Scrip outstanding, 


656,561 


656,561 


- 



* Two companies. 



XXIV 



REPORT OF THE 



Comparative Table C. — Massachusetts Joint-Stock Insurance 

Companies. 





1899.* 


1900.* 


Increase or 
Decrease in 1900. 


Cash capital, .... 


$3,400,000 


$3,400,000 


- 


Assets, 


9,535,891 


10,086,004 


$550,113 


Liabilities, .... 


2,986,704 


3,238,640 


251,936 


Surplus, .... 


6,549,187 


6,847,364 


298,177 


Income, 


3,807,117 


4,335,054 


527,937 


Expenditures, 


3,985,875 


4,065,237 


79,362 


Fire risks written, . 


352,272,427 


393,327,892 


41,055,465 


Fire premiums received (net) , 


2,678,662 


3,096,188 


417,536 


Marine risks written, . 


161,106,082 


163,376,424 


2,270,342 


Marine premiums rec'd (net) , 


758,023 


877,654 


119,631 


Fire losses paid, 


1,641,271 


1,892,827 


251,556 


Marine losses paid, 


709,069 


379,047 


—330,022 


Fire losses incurred, 


1,769,097 


1,988,761 


219,664 


Marine losses incurred, 


801,272 


461,716 


—339,556 


Fire risks outstanding, . 


425,893,915 


465,225,636 


39,331,721 


Marine risks outstanding, 


5,859,689 


6,208,071 


348,382 


Expenses, .... 


1,314,401 


1,488,520 


174,119 


Cash dividends declared, 


304,000 


263,000 


—41,000 



* Five companies. 



INSURANCE COMMISSIONER. 



XXV 



Comparative Table D. — Fire and Marine Insurance Companies of 

Other States. 





1899.* 


1900.f 


Increase or 
Decrease in 1900. 


Cash capital, .... 


$50,002,875 


$49,102,875 


—$900,000 


Assets, 


221,158,964 


230,771,689 


9,612,725 


Liabilities, .... 


96,162,411 


101,917,870 


5,755,459 


Surplus, 


124,996,553 


128,853,819 


3,857,266 


Income, 


98,319,440 


108,445,275 


10,125,835 


Expenditures, 


101,720,030 


105,985,295 


4,265,265 


Fire risks written, 


11,059,679,214 


12,182,519,749 


1,122,840,535 


Fire premiums received (net), 


81,237,258 


91,758,238 


10,520,980 


Marine risks written, . 


1,947,423,601 


1,981,774,948 


34,351,347 


Marine premiums rec'd (net), 


7,231,379 


7,355,927 


124,548 


Fire losses paid, . 


52,450,999 


54,526,500 


2,075,501 


Marine losses paid, 


6,549,427 


4,094,600 


—2,454,827 


Fire losses incurred, 


53,720,548 


54,601,678 


881,130 


Marine losses incurred, 


5,766,698 


5,447,074 


—319,624 


Fire risks outstanding, . 


13,964,453,794 


15,180,765,417 


1,216,311,623 


Marine risks outstanding, 


191,231,171 


216,846,120 


25,614,949 


Expenses, .... 


34,565,273 


36,857,621 


2,292,348 


Cash dividends declared, 


6,173,912 


5,521,746 


—652,166 



* One hundred and eleven companies, 
f One hundred and seventeen companies. 



XXVI 



REPORT OF THE 



Comparative Table E. — United States Branches of Foreign 

Companies. 





1899.* 


1900.t 


Increase or 
Decrease in 1900. 


Deposit capital, 


$9,900,000 


$10,100,000 


$200,000 


Assets in United States, 


70,491,078 


71,026,504 


535,426 


Liabilities in United States, . 


42,459,712 


43,225,538 


765,826 


Surplus, 


28,031,366 


27,800,966 


—230,400 


Income, 


51,172,068 


54,285,354 


3,113,286 


Expenditures, 


50,725,672 


51,627,328 


901,656 


Fire risks written, . 


6,255,729,842 


6,777,826,433 


522,096,591 


Fire premiums received (net), 


44,905,713 


47,481,575 


2,575,862 


Marine risks written, . 


2,168,069,202 


2,089,243,992 


—78,825,210 


Marine premiums recM (net) , 


3,657,638 


4,398,109 


740,471 


Fire losses paid, . 


31,082,031 


31,145,912 


63,881 


Marine losses paid, 


2,139,763 


2,010,683 


—129,080 


Fire losses incurred, 


31,473,193 


31,074,738 


—398,455 


Marine losses incurred, . 


2,213,665 


2,192,359 


—21,306 


Fire risks outstanding, . 


7,081,449,078 


7,266,673,657 


185,224,579 


Marine risks outstanding, 


57,462,816 


107,655,245 


50,192,429 


Expenses, .... 


17,503,856 


18,457,713 


953,857 



* Forty-six companies. 



t Forty-seven companies. 



INSURANCE COMMISSIONER. 



XXV11 



Aggregates of All the Companies, 



1899. 



1900. 



Increase or 
Decrease in 1900. 



Cash capital, . 

Assets (including contingent 

of mutual companies). 
Liabilities, 

Surplus, .... 

Income, .... 

Expenditures, 

Fire risks written, 

Fire premiums received (net) 

Marine risks written, . 

Marine premiums rec'd (net) 

Fire losses paid, . 

Marine losses paid, 

Fire losses incurred, 

Marine losses incurred, 

Fire risks outstanding, . 

Marine risks outstanding, 

Expenses, 

Cash dividends declared, 



$63,302,875 

337,390,139 

147,186,174 

165,731,101 

159,346,971 

162,418,083 

18,251,894,733 

134,113,002 

4,303,182,498 

11,915,821 

86,362,245 

9,656,124 

88,103,266 

9,034,874 

22,373,523,056 

260,385,729 

54,292,217 

6,477,912 



$62,602,875 

350,284,220 

154,176,520 

152,929,942 

173,675,631 

167,906,832 

19,989,698,570 

148,043,007 

4,268,502,412 

13,032,931 

88,730,129 

6,753,809 

88,820,641 

8,274,006 

23,864,866,363 

339,366,934 

57,764,784 

5,784,746 



—$700,000 

12,894,081 

6,990,346 

—12,801,159 

14,328,660 

5,488,749 

1,737,803,837 

13,930,005 

-34,680,086 

1,117,110 

2,367,884 

—2,902,315 

717,375 

—760,868 

1,491,343,307 

78,981,205 

3,472,567 

—693,166 



xxviii EEPORT OF THE insurance commissioner. 



Comparative Table F. — Massachusetts Business.* 









Increase or 




1899. 


1900. 


Decrease in 1900. 


Fire risks written, . 


$1,188,040,192 


$1,273,859,676 


$85,819,484 


Fire premiums received, 


11,457,578 


12,319,785 


862,207 


Fire losses paid, . 


5,511,002 


4,881,324 


—629,678 


Fire losses incurred, 


5,715,845 


4,951,240 


—764,605 


Marine risks written, 


521,329,359 


458,729,473 


—62,599,886 


Marine premiums received, . 


1,738,658 


1,964,000 


225,342 


Marine losses paid, 


1,605,986 


1,007,916 


-598,070 


Marine losses incurred, 


1,416,778 


837,924 


—578,854 



* For details of this business see Table XIII. 



Table G. — Fire Bisks ivritten, Premiums received and Losses in- 
curred in Massachusetts. 







Premiums 




YEAR. 


Fire Risks Written. 


Received. 


Losses Incurred. 


1877, 


1585,928,271 


$5,998,124 


$2,572,185 


1878, 










558,019,711 


5,506,392 


2,438,121 


1879, 










520,814,369 


5,026,482 


2,500,451 


1880, 










609,132,542 


5,479,552 


3,005,273 


1881, 










642,542,633 


5,845,354 


2,884,047 


1882, 










686,030,272 


6,244,053 


4,915,949 


1883, 










710,197,514 


6,896,367 


3,763,949 


1884, 










655,613,160 


7,067,149 


3,865,956 


1885, 










661,380,951 


7,402,583 


3,132,235 


1886, 










694,473,662 


7,838,425 


3,369,294 


1887, 










765,304,046 


8,371,714 


3,136,774 


1888, 










832,038,483 


8,702,006 


4,444,322 


1889, 










825,962,689 


8,601,963 


9,284,464 


1890, 










871,117,341 


9,039,865 


3,798,502 


1891, 










863,343,089 


8,719,803 


5,104,694 


1892, 










960,872,674 


10,006,986 


4,140,396 


1893, 










1,030,196,564 


10,727,167 


8,329,015 


1894, 










986,624,142 


10,518,365 


5,182,490 


1895, 










1,020,680,686 


11,032,012 


4,029,954 


1896, 










1,063,078,568 


11,248,934 


4,801,014 


1897, 










1,161,264,907 


11,999,382 


3,785,399 


1898, 










1,147,230,625 


11,371,974 


5,664,369 


1899, . 










1,188,040,192 


11,457,578 


5,715,845 


1900, . 










1,273,859,676 


12,319,785 


4,951,240 


Tota 


Is, 






• 


$20,313,746,767 


$207,422,015 


$104,815,938 



STATISTICAL TABLES. 



XXX 



REPORT OF THE 



£: >» 



o 
■ 

s, 



.2 S 

CJ l-H 

.'« a 



00 t- ** © 

co r- r-. uo 

UO +-+© r* © 



© © *$• CO 

cs «a.f) 
t— ++ © © uo 

CO r— ^^ <— i 



^f © *^ ^1* 

oi-w eo 
i— * *3» uo «o^f— i 



gOOOOi 
OHifll- 

© o r~ © -r 



aoOiiot-o 
r: >c o o i- 
© ao — oo cs 



oxooo 
cs — © co 

«0'i:i — 



x S 



«+ o o 

© mm © 

CS CO CO 



eo oo o o 
oo t— co to 

O0_-H-» CO t- 

io" ' uo*©r-T 

■>*" U0 CS I 



IMfflifl -* 
© ■»* 00 tO»S 



OS CO O t— r- 

i-i 00 00 <-i -* 



r- r- 00 r- CO 
r-l OO CJ © T 

uo^i- cr ci 

»-^"i.-T-i^ts*ao' 
© eo •— o to 
eo rn 



» J5 

x _> 



t- 00 CO o t- 
1O1OI1OIO 

eo »oh 



NHOK5 1" 
OtOOM 
<OMtD-rt- 



WOO 
Of)t- 
© CO 00 



>* CS © r- CO 
uo -t CS CS © 

Of iflt-t- 



00 CS O © CS 

O CI -r « rt 

W C O - X 



oo cs -r uo © 
-r CO C 

noi>mM 



cs m- © 

lOifl^i 

CSl-l 



r- •— t cc x 
co r- •* *a> eo 
r- cs eo 



CO 

8 

8 

a 

£ 

*~ 

S3 

eo 



a 3 






es eo 



o H o> 

s -a " 



J* 2 



M 



2 «» 



WOlt-ON 
o>» t>-i^ 

XBHCOiO 

© 00 CO U0 00 

t— cs co © 



o o x ie t- 
O oo •— <M r- 
UO UO OO 00 © 

r* uo CO 
r-l CS CO 



© © r— © uo 
«— — cs CO — < 

O OO^t-^-r <• 

«o*o6"i-r t-T 
-i eo CM 



•— cs t- co cs 

00 l» CO SI "f 
r»ei CC^OO CS 

oo"— TcTt-^-r" 
<OQOiOO 
CO 00 i-i 



© CO 00 i>- uo 
•— © © oo t~ 

CO_u0 CO © © 

n-r..:co 
CS CS © OS r* 



_c^ok-ea 

©*M* -!■*-* 
co — — © 

© .- 



t- 00 © 04 CS 

00 -f U0 t- CO 
lOOHf t- 



© © © oo uo 

CO 30 © rj« m* 

00 CO CO © © 



nco ^*io cs 

OO U0 ■*»• © © 

t-- ■* © © t— 



© © © *1* OO 

-r t~ — eo oo 

© © uo cs <-< 



HCBCSl-O 
KI--C4T 

cs © uo © t 



1-iOf C'l- 



© ■<* 


MlONflt 


© in © ao co 


— iflr>XO 


r- cs © co eo 


cs © - 


CO © 


COWift-'-i 


© «o CO ■— U0 


r(OCOTO 


© 04 i-O © © 


— — —. 00 I— 


eo 


1-* r-c CO ■* 


•^1" 0* r-l 


*iO«n 


eo f © 


CO -T 



© UO © 00 © 
t-iOiOtOiO 
r-«Nt-SOI 

ef to"*-^© **" 

© CO r- 1 -* t- 

© CO CO ■*»• 



t~ uO -* UO UO 

oo uo — x ri 

oo © •— © t— 

t-Tb-"co --"-r" 

© o-i oo oo uo 
i-« © cm © co 



t-- UO 00 CO © 

r- oo oo oi — 

t- 00 © © 04 



fINBOO 



— 00 04 © — 

© — oo © e* 

FN ©00 OC^ t- 

►-Q e*e- ©~ 

© © © * -r 
t— 04 o» is •-* 



© oo © © © 
t~ co © ■=. ro 

t- —^oc © 00 

— l-*©'^*-)-* 

a — . i- © -r 

CO ~ 30 © © 



■ 1 © UO 
© M C — " 

©_ ©_!-©_«_ 

— ~ ~- — 'is* 

-r co a: oo es 
t* i— lO '-/: mm 



•» 



CS © uo CO CO 
oo © r- t- uo 

— © r* r-l •-). 



T- UO f TJ- 



© © UO »* © 

CO oo © © uo 
tt CO e-^— ^OJ_ 
eo'co't^T'-'co' 

t— uo © -- © 

UO © UO t-- 



eo © — < © © 

UO t- -9i CO CO 
"* r- OO t~ © 



00 O^r- UO © 

F— © t— I-T 



» CO T 00 UO 
© © 00 t- CO 
© CO © 04 © 

^©"©"'tMTeo' 

r— T t— © I— 
UO^UO -* O^f 

"^©"oTof 



t- u: © :- :o^ 
co e» *-*-*# 

t MOh 

cc^oc^i^r- eo^ 
© co"— i-Ti-T 



© — CO t- © 

o © © © © 
UO •-'. © — 04 



ja 5 © 

i _ r 

3 i o> 

» T. --i 



« m 



s£ 



< 

o 
o 

Bq 
C 

H 



CO © © © © 
OO UO UO mm oo 
tCiOMC4m< 



-* © -r © © 
*-— CO uo uO uo 

© -* oj oo es 



UO © 00 © 00 
OO © UO © '* 
CS © r- © r- 



UO © © 00 UO 
© © :-. EC — 

UO © t- oo cs 



-r © oj © — 

UO S3 SJD © © 
CI O) © © OS 



© o> r~ © © 

01 CO © 0> — 



CO -f © © t— 
m-> © C^ CO t— 

© f f 



tM, © UO CO 

cs* ©"©" 



CS <— © CO t— 
r- © CO Ol CO 

© 00 © "^ © 



eo OJ oc uo f 



CS©© r-l UOOCSCS 



•mj^O^C^CO^^ 



oj co — t co eo 



ri CS OS r- 

©"©"04* 



t- 1- cs us eo 

UO -^ © ^f CO 
00 00 OO OO 00 



uo©-#©© t-uot-ooes 
coosco-T-Ti co f n M 

0000000000 0000003000 



© eo ss uo oo 

OS -T CO © M 

00 00 OC OO 00 



r~ oo © t- f © uo h oc us 

-TCS0404© OSCSUOCO© 

CO0C0C0000 GOOC0C0000 



.a 

° s 

O = • oj 
60 oc jr-O 'S 

— — _ _ -; 



P ■= g m° 6«3. 



^^■3 _ 

« O A J, « 

jh?cx2 
a; -. a « o 



-T . - co 

_ CJ 5— OB 

a_s— a? a 

-3 w-3 > c 
»o fc. O o o 

O O t- *< eS 



-3 O jj 

C ^ES 

•- 3 O 3 >, 

SSrlhlrl 



- c 



» I- ? 

X — - 






5^=^ 3= 



c; s 



>> - 

■ c 



O'xx 



INSURANCE COMMISSIONER. 



XXXI 



•f(-t- 


ex co 


eo 


t- CO CO 


t- to 


in 


CO" GO CO CM tO» 


t- r- 


o 








1 t- CO « ' 


CM CO 


© 




i/5 




eo 1 


•* 


eo" 

«6> 


t- CO © 


CO rH 


00 




CO rH 


© 


0£>»CO © CO «» 


CO CM 


(M 








'«f)0 


to t~ 


O 


CC irt rH 


t— 


to 


CO | 


"<* 


°1 
eo* 


t- to eo co t- 


© tO 


00 


(DO^OI- 


t- cm 


eo 


eo co r— cm co 


t- © 


i-i 








NWtOHIO 


CO <M 


o 


rH CM rH 


i-h cm 


T* 


CO 


eo 


eo~ 


CO CO rH © CO 


t- t- 


© 


(OOtliOH 


i-i eo 


i-H 


»iO®00t- 


■**n 


o 








i— i O © 


*n © 


tO 


O h- 


cm o 


o 


CO 


00 


€» 



t* O Tf 00 o 
Tf O -1 00 

o eo © o 



co to 
to co 
cm © 



OWHOift 

lOTfoioN 

OSOWiOt- 

<D\n>n o~ 

Ol-iO 00 
00 1— t- CO 

CM*n*c-" i-T 



¥? 



iOiOMOO 
<M © CO © © 
tO (M CO iO i-i 

-a* to* of »o* 

© OO CO o 
© ri i-i -<1« 



O CO 

to o 

CO CM 



ee 



© © CM © iti 
O — to O ■** 
■>* © © O 00 

OO'-* -* 
to 00 -J t-- 
© rH CO i-t 



■"* © 

o cm 



50 



ex © co -f co © -* 

lOHf OIN © CM 
CO O0 00 CO CO OO 00 



3 ja 

SI- 

3 3 

« O 
CQOQ 



a v 

- co 
* 3 
«.3 

"° S 2 

«2 > 

g s K 

-s *•» ** 

^ X X *— -h 

d v o J o 



a 
u 

m <0 

3*« 
3 u 



o 



CO O) O »i CO 
HCNCOtOO 

oo i-i o eo o 
o't-*in*-i*co 
t- i— t- © cm 

*OniH 



O 00 o 
O i-i CD 
r-^i-^CO^ 

>o O t— 

•** o i-( 

CM CM 



CM iO CO 1" CO 
ii O "9" © l— 

e-i h io o h 

iaooot-o> 
-+ to to o CM 

lOOlHH 



i— -* -* 

iO — 1" 
CM. CM 



^H CO © t— ^* 

COiOOt-W 

eo oc cc co oo 
eo oo o o •«*■ 

iO-0(OH 
-f its CM n i-H 



eo oo cm ii t- 

0>iO»Ot*0 

o ©^eo r- ©_ 
co*o6"c"t-*-r" 
© i— co co *» 
© © eo eo cm 



•«# t- CM 

^i iO o 
CM © lO 

©'(-i-i" 
© CO CM 

eo -* 



co co co © eo 

OO Tr 00 rH OO 
00 CO t— CM ©_ 

eoco oTo^jT 

r-CiSOl 
iOHC6!OH 

rl"»Gi i-Tr-Tr-r 
6» 



iO © lO 
CO CO O 
O^CO ■*_ 

00 00 00 

eo ""f t- 



co J2 



CO to 
"^ CM 



O CO o> CM o 

— t— O to -f 
ii i-^O^O^CM 

o*oo to" eo o" 

CM CO CO CO >ft 
CO ■* >o t~ t~ 



O0 rH o 
(NOt- 

iO c l': 

C*CC*"1< 

t~ o o» 

CO CO CO 



^ ^e- 



UJiOOif t- 

00OOOH 

eo — cm* cc*"*" 
© eo cm co -h 

«5 O CM CM CM 



CM iO CO 

oa» 

CO Oi tO 

'♦*ic"eo* 
t- -* t- 

©n o 



t— eo © 05 eo 

© © co eo e» 
■^p ^« t^ io »o 

r-Ti-*CM*r*©" 
OJ CO CO iO 
CM CD © © Ol 



© CO t~ 
© CM CO 
iO CO^CO^ 

cm'cm"^ 

00 © ri 

tj« to — i 



s • _: 

9 S .i 

« i a 

0< -i cj 

"S « >• 

a P4 a 

•3 2 2 

d) *" ea 

a to p 

3 ^ 00 

0B O 61) 

.2 .S 

"3 iS "3 

5 S 5 

O ft ° 

con 

t-H -o M 



© © iO © © 

00 OO CO CO CO 



NifllO 

oo ao io 

CO CO CO 



2iJ«2 

O O 3 

co o a 

•a 



■Ss 



"='2 »-. 



5T3 
P* to 

_ 3 
^PQOferH Ph« 






— u 

C^2 
?3 i- co 

c-2 o 



o 
Eh 



T3 

Dd 



a I 






~ u O 

a « o 

O CO IX, 

U V ■ c, 

C bfi 60 

T3 »« u 

a as eS 

2 w o 



ex 



3 3 
■O A ft 

5 a a 

o o o 



fc Eh Eh 



xxxn 



REPORT OF THE 



ec 
♦<s> 

>§ 



S 

so 



ec 

res 
e 

60 

eo 



-J 



00 

o 03 .E a> 


ee t-ieo 


m»i-') | H 


co oa cm \a 


I 1 CO OJ CM t- 


eo c-i in in cm 


•*■ .n ci i-i 


atio 
pen 
rem 
ceiv 


00 WOlili 


© CM © tO OO 


oj e» cm »o 


r- m ^r © eo 


t- CM © © tO 


i— 01 i— l~ 


CO •** <m to 

CM tO-# ri 


t— lO iC CO t— 


-t to oo -* 


t- — co © in 

CM CO CO CM ■* 


MXCI r 


00 OC CM -t 


cm ■** eo eo co 


CO CM CO CM 


CO CM CM d CO 


** cm eo eo 


«£*£ 






























00 © CM CO © 


OOOO-fO 


CO Ol Ol 00 CM 


to to oo in © 


in oo to © t- 


to to cm -r to 


to — CO to 00 


OCXNXtO 


O OIXMfh 


»- eo © to co 


•- l- © Cl -i 


-r i- © oc to 


oo ift © i— t 


CO tO CM — CO 


eo co tc i- 1-h 


cm i— in to © 


tC CO ^- OC 'O* 


© CJ^CC^'-^n 
















a 


t- i-< i— 1 1— 


© n tO © 

r1 CO CM 


© cr. to ^t 


i-i I~ "* -f CO 


— © -r in oo 


>-"t*'- 


V 


m 


ri eo co 


CM Tt r-i i-l 


CC CM T 


CM ■<* i-l 


ft. 
M 














w 














ac ao 
















co ooio 


ri iO CO ri to 


co uo ^ to 


iC t~ r- it o 


ij» OC !>• tO 00 


© © r - to 


° i « 


irt in co •-■ 


eo ■**" in »— in 


•»!■ 0» © lO 


© © in oo oo 


t— © OC tO ri 


•— CO »*■ © 


CM CO >rt tO 


C Cl Oi^ X 


oo ^- o to 


cc i— i in co —> 


© oc oo to © 


01 >-C CC CO 


o 2. o 


CO cm 00 <N 


^* o ^ cO oo 


eo ■"T ■<* Cm 


•««■ eo cm -# cm 


tiOK:i:j 


eo co eo 


1 * <§ 


■** l-( 












tf 2 














2 


N«t-«'t 


in t- 1-1 1- © 


oo or cm oc os 


to r- cm in f 


© o © in to 


eo eo © t- © 


*5 


tO CM n CO 


O O « I- OJ 


C -t — X t 


oc © in o to 


© © Ci -r © 


-T C lO 1" © 


eu 


oo i- o © 


to r- oc o oo 


if: co © i-H -^" 


CC l~ i— r- T<> 


r- CO tC t~ © 


tc © <C CO 


CO CM in*!-"" 


looa 3 


i— © eo Tt 


CC t^ — CM ri 


00 r- cc in •*!■ 


tC CM © 


■ 

■ 


«» «-• ri 


ri ^t> cm 


r-i to T 


CO -^ 11 CM 


co to to 


CM in n 


■ 

o 














Net Cash 
Premiuma 
Received. 


e» to oo to 


CO ■** tO r-i m 


l^ C-l -* c» 


co eo to to © 


in in © cm ii 


i-C © © © 


eo © © -i 


OO^XMO 


i- to to -r 


r- »t © -f ~. 


cm © uc ir; — 


eoeoato 


CM 0l'<0 


cc >c to r- © 


© CM O t- 


^i in in in to 


t~ © tc >- M 


© CC S. 01 


t-^" ' CO IN >ft 


to CO O tO r-l 


© to in* ' to 


OC © CO © to 


ec -s- ec r 


r-'uc'l-CM" ' 


CM rf 


eo o oo 


eo "*t o> i^ 


I'tTiO 


© © tO CM ?< 


t- CC CO 


«B> 










n 


OS i- 
« 3 


CO CO t- "* t- 


t- CM O CM © 


© cm ao in in 


CC CM CM CO CO 


n ir; in n © 


i-c c-i © cc eo 


© CM © © CO 


cc — cc CO r— 


© CM C<1 co to 


■e i~ i- iC oc 


t^ oo tc tc © 


i— re t- cm to 


tO iO I— CM Tfl 


CC I- CO ■>* to 


i- •«■ it r: a. 


© © © CM CO 


•n :- ■m cm cm 


in — t -t -r 


O .- 














tO vC tO tO 


-# CO © -f r-l 


tC -*■ CM ^- "HJ. 


cc •>! ^- in © 


© i- t- i- © 


CM © — — 


°° "S 


<N -<t ■**• 


rj< CO © 


CO to © r-l 


© t- t i»> 


t-i in cc cm ci 


© to CO 


x s 


«B> 




i— l i— i 




i-( n ri 


I— 1 


o <u 














±1 P. 














rt x 














H 














.a 

a. . 

os a> 


■itNCDl-iO 


co eo oo © io 


«# © © r~ ~f 


•*t t- t— CO r- 1 


ri © © tO 00 


t- cc t- in © 


-- CO t— •** CO 


O <— 00 * «o 


^- ^- h» O X 


OC*XiO 


r- © CC' -r OC 


tC uC CM CC tO 


CM © t- — Tj< 


»o to CI to © 


© oc >c — >n 


m Tt oc co in 


t- to © -j" eo 


— = CC — CM 


ri 00 tO) 


^- CO <M CM i-l 


r- - -T r- X 


-r in i— CM © 


co in oc © x 


eo © cc © 


as O 


eo cm -* 


T* f— © 


CCC O ri 


© oo in in 


© n 00 CM CM 


© tc CO 


co u 


«k> 


1-" 1— 1 






ri r— ri 




• p C 














»i t-H 














C3 














h 














fc 














^ 














a, 














a 














o 














o 














fa 










. . . . . 


...... 


o 










*0D 


>» 

it 

a 


H 










S . .go 


• . . .J3 




£ 








s 

E 


fc 


.... Q 

3 


■ « * • " 






»a x 3 


• • • •< 




■S3 

„3 3d) 

«= S 22 


>> 

. a 

. 3 cj 
CJ O jsr . . 

i » -a -ob t5 

J3 — 'u 3 00 


O ht~ bi 

c i J: Sx 


^ — — - 


3 a ?- : - 

s e x 


"" 3 

o • • • S 

>> . >. 

»- J^ « «- 

3— >, -3 




w « jr. od 

c •= 2 a; a 


02 Oo 4) » 

f.2£-2i 


?j:-£ »& 




x: O ^ 3^5 




TJ l- U o C 


O "C -c 3 3 
i_ j_ — ^ — i 


>t = Z — 




*B«S S 


1) - - ^ o 


« o« u a 


~ o c - >i 


- i -— - - 


^^ = s"cl 




<5<;<;<5cq 


C2P3000 


fiQrVJS 


GKJJrJ 


p5§sss 


fcfcCxcc 



INSURANCE COMMISSIONER. 



xxxm 



wc* 5 S3 

t-<M coco 



o co © i— I to © © 
NClt-OOOJ CM © 
COOJ1N CO «5 CM 



ICNtO 

■<* eo t- 












»ft © eo 


"<#© 


o 


«0 


co-<* 


© ■— < 




r»o 


CO^iO^ 


CO CO 




e 


1 CO r-T 


00 CD 


o 


s 


I— 


rH •*!< 








© 








1-H 


,s 






«» 


* 



(CSIt-HO rH CM 
t- 00 t- 00 © CM T* 
CM CO t* i-H rH O 



t~ rH rH 



ONOXOO t- t» 

cm cd eo eo © i-h oo 

co tt< •<*< i-h eo m o 

eo'coof rH oT-<^ 

O rHOO 
CM I-H 



.2 *• 

C V 

a to 

« o r 



3g 



t» p ™ .Q 
P.O. «S^ 



&>g 



SO 



p 3 « u v -Q O 
DQ OQ H t> l> [r-r 5 



5 
O 



CO r- © CD © © © ift 



rH t- co © eo 

-rh NO CO CD 

©""©co cm'uo - 
*nao eo cm cm 



CD CO CM 



t-lOQ0t-C» 00 00 ^< 



»■*■* !OiH 


tfi © t— 


TH 


T* 


i-h i£> ■*)> T © 


t- CM 00 


>o 


© 


CO CJ> CO i-H CO 


o © co 


CM 


■<# 










CO rH CO CO rH 


OiON 


CM 




CO CO t- CM "0 


CO rH 


t— 


eo 


& 




eo 


rH 






<£>■ 


&■ 


CM >« CO CM •«# 


rH o eo 


eo 


eo 


CO © >rt t— t— 


CO CO CO 


1-1 


CM 


tOTM» 


■«*■ r-H CM 


If 


T* 










rH rH CO CO CD 


b- © O 


•># 


■^1 


HH/ONO 


l-lO!C 


CO 


*n 


© O t* CO CM 


eo co 


t~ 


CO 



t-OS'tOO 
MiflNOt- 
O CM CO 00 O 

cTco'co'cm'io' 

CO 00 CO rH in 

co © eo eo cm 



ic © eo 

© t- 00 
t~ ©00 

r-Tof CO 
t- CO CO 

eo eo 



m t& 



i-i i-i -r © -* 

CO CD CO CM -rj" 

© eo © i— ' CM 

b- t— »TJ CO U5 

© © ■«* co cm 



H(.lO 

in t~ co 

eo co_©_ 
eb"co"io" 

00 CO l^ 

co eo 



^ ^ 



S-i P o 

p eg ca 

o o 3 

03 O P 



* 2 

M g 



03 > •*< 

I s ! 



>-i O O CS 



5S 

2 I- 03 



■ 


«d 


cfl 


3 




gg 


O 


s 


&H 


C 



XXXIV 



REPORT OF THE 



oo 
cu 

CD 

CO 

CO 
•<o 



^ 






eo 

v> 
"♦o 
Cx> 
00 

»<£ 

e 

00 

CO 

its 






Deficiency 

in 

1899. 


$488,739 
85,361 


o 
© 

us 


Deficiency 

in 

1900. 


$433,282 
89,813 


us 

© 
CO 
<M 
US 

€» 


Gross 
Liabilities.* 


$188,613 
45,210 


eo 
eo_ 

CO* 

eo 

m 


Gross 

Assets. 


$261,421 
245,868 


at 

OO 

°i 
t~" 
o 
us 
V* 


Amount at 

Risk 

Dec. 31, 1900. 


$8,657,498 
5,878,253 


us 

t- 

us" 

eo 
us_ 


M 

c 

"C 8 

& 03 

CD aa 
3 

o 


$506,090 
150,471 


<o 

to 

us 
to 

€» 


>> 

E S 
05 5 

a — 

O 


$140,000 


o 
o 

o" 
■<s« 


Com- 
menced 
Business. 


1853 

1867 






NAME OF COMPANY. 


India.t 




i 

C 

E- 





B 

B 

a 
o 

>> 

a 
a 
5 
a 
O 



— 



a 

a 
-a 

= 



eo 

•to 

s 

8 

a 

S 
«o 



c» 

•<0 



8 
so 



- 

PQ 

< 





'# 


o> 


CI 


d 


a 


to 


Ol 










3 


•«»< 


© 


t— 


09 


ri 


•^ 


r* 


03 








■ 
a 

03 


<M 


•— 1 


CO 


e* 


o 


C-i 


a> 


■*r 


eo 








fl 


© 


i—i 




• 


US 


cs 


oo 


a, 


«9- 




«■ 


M 








H 








#. 


*- 


»-( 


•* 


o 


i-< 


us 


t- 












t- 


CO 


to 


eS 


to 


to 


to 


M 








2 


a» 


t© 


us 


"5 


r- 


9 


t- 


£ 


"^1 


eo_ 


00 




©T 


of 


cf 


09 


to 


eo 


o 


■ 


m 




eo 


09 

09 


■■/.• 




•» 


o 








J 








09 . 


M 


fr- 


CO 


E "a 


•*»« 


ee 


<M 


*! 


us_ 
of 


of 


S © 


o 


iO 


us 


- i> 


•> 




«» 


- - 








_ 09 








— 1/ 


,_, 


CO 


1" 


§ s 


o 


T 


~r 


■^ 


°1 


to 


O .=: 








ea 


to* 


uf 


09 "O 


<M 


us 


ao 


a: a 


eo 




eo 


o O 


• 




^f 


*- a. 








© * 








H 








a 


e» 


"* 


eo 


09 . 


t- 


o 


ao 


°l 


1— c 


O 


o a 


cf 


■-' 


cjT 


09 O 


o 


us 


us 


09 O 


-9> 




■*»« 


o a 


•) 




m 


>- hH 








O 








H 








fe 








3 








CL, 








a 








o 








o 








h 








o 








H 








§ 








< 








Sz; 






_of 

3 
•** 








o 




os 
a 


_ef 


EH 




2 


5 
a 






© 


M 





03 

OS 

•- 
o 



INSURANCE COMMISSIONER. 



XXXV 



CO 

<i> 

a 

e 
i> 

s 

00 

o 

HO 

&5 



►? 



eo 
«o 



- 



> i 


CM 


01 


►- 


eo 


eo 


•«* 


00 




■<*■ 


-* 


fr- 


CO 


o a h 





-* 


CO 


t- 


fr- 


eo 
















co .— » 


*# 


CO 


■** 


00 


eo 


fr- 


3 Q, S 


»— 1 


CM 


M 


i-< 


CO 


T»» 


, — . ST co 
ft ,55 • 




°« 






t- 


Tf 


«» 


i-T 






,-T 


eo" 


9 « 












& 


QQ Q 














>> 














-, w © 














5 = o 


CM 


o> 


t- 


eo 


eo 


hji 


lus a 
sPo 
Iders 
1, 19 


OO 


1-1 


■>* 


"* 


t- 


<D 


O 


"* 


eo 


fr- 


t— 


eo 














■<* 


CO 


•** 


00 


eo 


t- 




<M 


CM 




CO 


tj< 


S d tM o 
CD M * 


■*> 


ITS 


•«* 


CM 


CM_ 


00^ 


*r 


cm 






eo 


cc" 


2 « 














BH 




01 


OO 


00 


■* 





C9 


lO 


CM 


CO 


-># 


i< 


■* 


CO ••- 





•*, 


fr- 


0^ 


CO 


CO 


«o .t- 1 
o — 

















oT 


00 


o> 





OO 




00 


-* 


CO 


CM 


eo 


51 


CM 

«» 


CO 




r-( 


O0 


CM^ 

eo* 


2 












fl» 


so 














go 


CO 


00 


iQ 


rH 


fc» 


■^ 


CO 


•** 


1— < 


O 







co 


00 


r-< 


fr- 


CO 



















< 


** 


»o 


CO 


fr- 


Tl< 


CO 


CM 


I-t 


fr- 


OO 


OO 


CO 


CO 


CO 


** 


O 


CO 


e^ 





■ 


€» 


eo" 






«cT 




i-H 


In 












«» 




ITS 


fr- 


■"* 


■<* 


fr- 


fr- 


CO 


1— 1 


O 


00 


CO 


O 


H 


in 


°i 


•* 


CO 


t- 


*a 1-4 














a -2 • 


■<* 


eo 


eo" 


CO 


00 


eo 


fr- 


i—( 


00 


eo 


CM 


eo 


5 ™ £ 


"^ 





00 





it5 


■^< 


1«1 














<s 


oT 


o" 


fr-" 


fr^" 


i-t 


CO 


t- 


CM 


CM 


O 


fr- 


« Q 


«5> 








eo 


Tjl 










O 


O 





O 










O 


O 





O 


J3 *« 


©_ 





©_ 


o_ 


©_ 


O^ 


« is 


o" 


<=T 


o" 































co 


©_ 


"^< 


CM 


>o 


"*_ 


o 


r-T 






1-1 


eo 1 


* 














fc 














«5 














0-1 














a 














o 














o 














fe 














o 














H 














§ 






ClT 









3 






.2 




a 




52; 






*»N 

c3 

C 
C3 

1- 


O 


a 

a 

a 

CS 

<o 

In 

s 






c 




J» 


0> 


2 


co" 




eS 




a, 


a 
- 



< 


CD 


"3 




B 




a 



£ 


OX) 

a 







a 
<i 


CD 
O 

n 


In 

<x> 





In 

a. 





XXXVI 



REPORT OF THE 



Table VI. — Massachusetts Joint-Stock Insurance Companies. 

Fire Business. 



NAME OF COMPANY. 



Risks 
Written. 



Premiums 
Received. 



Losses 
Paid. 



Ratio of 
Loss to Pre- 
miums Re- 
ceived. 



American, .... 

Boston 

Mercantile Fire and Marine, 
North American, 
Springfield Fire and Marine, 
Totals 



$28,844,803 
77,636,469 
26,740,609 
23,156,402 

236,949,609 



$393,327,892 



$211,996 
641,693 
158,786 
141,393 

1,942,320 



$131,184 
378,683 
114,255 

125,998 
1,142,707 



$3,096,188 



$1,892,827 



61.89 
59.02 
71.98 
89.11 
58.86 



61.14 



Marine Business. 



Boston 

Mercantile Fire and Marine, . 

Totals, 



$163,376,724 



$163,376,724 



$876,743 
911 



$379,047 



S77.654 ! $379,047 



43.23 



43.18 



Table VII. — Massachusetts Joint-Stock Insurance Companies. 



NAME OF COMPANY. 


Gross Cash 
Income. 


Gross 
Cash Ex- 
penditures. 


Expenses.* 


Ratio of 

Expenses to 

Premiums 

Received. 


Cash 
Dividends 
Declared. 


American, 

Boston, .... 

Mercantile Fire and 

Marine. 
North American, 

Springfield Fire and 
Marine. 


$233,611 

1,634,940 

182,100 

154,982 

2,129,421 


$251,456 

1,340,192 

204,378 

204,748 

2,064,463 


$94,262 

467,000 

90,124 

65,378 

771,756 


44.46 
30.76 
56.43 
46.24 
39.74 


$9,000 
100,000 

4,000 
150,000 


Totals, 


$4,335054 


$4,065,237 


$1,488,520 


37.47 


$263,000 



* Excluding losses, dividends, return premiums and drawbacks and premiums on reinsurance. 



INSURANCE COMMISSIONER. 



XXXV11 



Table VIII. — Insurance Companies of Other States. 



NAME OF COMPANY. 


Cash 
Capital. 


Amount at 

Risk 

Dec. 31, 1900.* 


Gross 

Assets. 


Gross 
Liabilities. 


Surplus as 

regards 
Poliey Hold- 
ers Dec. 31, 
1900. 


iEtna, 


$4,000,000 


$563,323,229 


$13,061,261 


$3,856,489 


$9,204,772 


Agricultural, 


500,000 


208,930,300 


2,183,348 


1,056,267 


1,127,081 


Albany, .... 


250,000 


15,920,049 


490,401 


84,685 


405,716 


American (Newark), . 


600,000 


260,598,957 


3,673,483 


1,473,707 


2,199,776 


American Central, 


600,000 


130,895,559 


1,952,107 


784,945 


1,167,162 


American Fire (New York), 


400,000 


149,664,207 


1,324,499 


708,127 


616,372 


American (Pbila.), 


500,000 


210,596,009 


2,443,064 


1,747,881 


695,183 


American Lloyds, 


- 


22,924,093 


621,534 


115,692 


505,842 


American Mutual, 


- 


19,870,397 


241,523 


83,906 


157,617 


Assurance Co. of America, 


200,000 


25,674,563 


520,989 


191,338 


329,651 


Atlantic Mutual, . 


- 


155,753,015 


10,514,740 


2,517,629f 


7,997,111 


Blackstone Mutual, . 


- 


45,675,549 


490,730 


185,672 


305,058 


British American, 


200,000 


7,934,226 


287,954 


51,020 


236,934 


Buffalo Commercial, . 


200,000 


17,867,131 


348,862 


113,422 ■ 


235,440 


Buffalo German, 


200,000 


67,915,407 


2,027,932 


381,673 


1,646,259 


Caledonian American, 


200,000 


15,449,937 


372,546 


99,940 


272,606 


Camden Fire, 


200,000 


16,164,024 


512,537 


116,534 


396,003 


Capital Fire, 


200,000 


27,420,290 


426,323 


197,188 


229,135 


Citizens' (New York), 


300,000 


75,311,548 


798,483 


401,321 


397,162 


Citizens' (St. Louis), . 


200,000 


13,115,157 


454,334 


123,542 


330,792 


Colonial Assurance, . 


200,000 


24,303,880 


540,026 


281,948 


258,078 


Commerce, .... 


200,000 


16,792,992 


409,718 


105,645 


304,073 


Commercial Union, 


200,000 


15,603,719 


343,418 


120,264 


223,154 


Commonwealth, . 


500,000 


27,820,665 


947,148 


159,513t 


787,635 


Concordia 


200,000 


97,512,509 


956,861 


597,196 


359,665 


Connecticut Fire, 


1,000,000 


296,852,707 


4,017,060 


2,073,953 


1,943,107 


Continental, 


1,000,000 


881,108,971 


10,518,271 


5,059,611 


5,468,660 


Delaware, .... 


702,875 


111,092,004 


1,510,500 


760,167 


750,333 


Detroit Fire and Marine, . 


500,000 


29,229,130 


1,355,638 


210,317 


1,145,321 


Dutchess, .... 


200,000 


45,776,008 


562,643 


265,187 


297,456 



* Including perpetual fire risks. t Not including scrip outstanding, $6,287,910. 

t Including scrip outstanding, $12,064. 



XXXV111 



REPORT OF THE 



Table VIII. — Insurance Companies of Other States — Continued. 



NAME OF COMPAN5T. 


Cash 
Capital. 


Amount at 

Risk 

Dec. 31, 1900.* 


Gross 
Assets. 


Gross 
Liabilities. 


Surplus as 

regards 

Policy Hold- 

ers Dec. 31, 

1900. 


Empire City, 


$200,000 


$15,589,019 


$323,246 


$102,017 


$221,229 


Enterprise Mutual, 


- 


19,893,778 


228,273 


83,957 


144,316 


Equitable Fire and Marine, 


400,000 


56,781,656 


918,503 


393,711 


524,792 


Farmers' Fire, . 


- 


62,829,006 


752,329 


429,298 


323,031 


Fire Association, 


500,000 


472,879,943 


6,182,155 


4,847,211 


1,334,944 


Fire Ins. Co., Co. of Phila., 


400,000 


34,154,221 


931,570 


396,300 


535,270 


Fireman's Fund, . 


1,000,000 


221,780,821 


3,876,926 


1,734,359 


2,142,567 


Firemen's (Baltimore), 


900,000 


85,712,310 


1,473,584 


431,733 


1,041,851 


Firemen's (Newark), . 


1,000,000 


89,664,733 


2,633,641 


486,513 


2,147,128 


Firemen's Mutual, 


- 


77,596,409 


926,342 


311,535 


614,807 


Franklin Fire, . 


400,000 


140,505,704 


3,083,799 


1,589,513 


1,494,286 


German (Freeport), . 


200,000 


295,307,374 


3,703,930 


2,236,610 


1,467,320 


German Alliance, 


400,000 


51,893,721 


936,036 


260,991 


675,045 


German American, . 


1,000,000 


651,386,914 


8,537,681 


3,328,390 


5,209,291 


German Fire (Pittsburgh), 


200,000 


35,508,887 


511,481 


245,468 


266,013 


Germania Fire, . 


1,000,000 


386,839,242 


4,884,137 


1,658,730 


3,225,407 


Girard Fire and Marine, . 


300,000 


115,902,213 


1,984,944 


1,106,480 


878,464 


Glens Falls, .... 


200,000 


176,380,762 


3,344,899 


998,112 


2,346,787 


Granite State, 


200,000 


35,290,998 


564,027 


268,150 


295,877 


Greenwich 


200,000 


283,495,942 


1,869,125 


1,529,665 


339,460 


Hanover Fire, 


1,000, 00 


253,597,942 


3,089,577 


1,649,325 


1,440,252 


Hartford Fire, 


1,250,000 


973,516,727 


10,910,278 


6,250,039 


4,660,239 


Home 


3,000,000 


931,058,519 


13,881,832 


5,382,811 


8,499,021 


Home Mutual, 


300,000 


54,004,504 


986,615 


399,199 


587,416 


Hope Mutual, 


- 


29,818,243 


256,365 


138,656 


117,709 


Indemnity Fire, . 


200,000 


14,425,465 


379,651 


110,653 


268,998 


Ins. Co. of No. America, . 


3,000,000 


682,070,563 


9,292,062 


4,901,947 


4,390,115 


International, 


200,000 


15,071,0S2 


351,009 


64,118 


286,891 


King's County Fire, . 


200,000 


13,973,936 


371,086 


77,470 


293,616 


Lafayette Fire, . 


200,000 


22,656,796 


394,974 


169,134 


225,840 



* Including perpetual fire risks. 



INSURANCE COMMISSIONER. 



XXXIX 



Table VIII. — Insurance Companies of Other States — Continued. 



NAME OF COMPANY. 


Cash 
Capital. 


Amount at 

Risk 

Dec. 31, 1900* 


Gross 
Assets. 


Gross 
Liabilities. 


Surplus as 

regards 
Policy Hold- 
ers Dec. 31, 
1900. 


Liverpool & Lond. & Globe, 


$200,000 


$8,668,015 


$343,731 


$72,329 


$271,402 


Lumbermen's, . 


250,000 


33,370,659 


1,216,307 


417,297 


799,010 


Magdeburg Fire, 


200,000 


9,465,273 


291,642 


50,569 


241,073 


Manufacturers' Mutual, 


- 


34,095,159 


395,678 


136,183 


259,495 


Mechanics' 


250,000 


40,117,708 


921,339 


473,344 


447,995 


Mechanics' Mutual, . 


- 


22,153,938 


212,567 


88,588 


123,979 


Mechanics' and Traders', . 


300,000 


16,808,585 


488,416 


144,182 


344,234 


Merchants' (Newark), 


400,000 


133,849,091 


1,333,206 


802,164 


531,042 


Merchants' Mutual, . 


- 


21,213,728 


246,559 


87,744 


158,815 


Michigan Fire and Marine, 


400,000 


38,691,853 


821,713 


253,764 


567,949 


Middlesex Mutual, 


- 


40,359,254 


806,671 


164,481 


642,190 


Millers' and Manufacturers', 


- 


9,463,800 


225,873 


128,269 


97,604 


Millers' National, 


200,000 


22,459,742 


761,155 


288,402 


472,753 


Milwaukee Fire, . 


200,000 


16,424,720 


436,548 


136,697 


299,851 


Milwaukee Mechanics', 


200,000 


135,892,740 


2,509,014 


966,133 


1,542,881 


Nassau, .... 


200,000 


18,940,214 


568,474 


122,155 


446,319 


National 


1,000,000 


401,467,507 


4,842,442 


2,401,086 


2,441,356 


National Standard, 


200,000 


25,484,771 


547,920 


193,628 


354,292 


Newark Fire, 


250,000 


26,848,525 


690,037 


130,772 


559,265 


New Hampshire Fire, . 


1,000,000 


197,697,818 


3,414,920 


1,411,665 


2,003,255 


New York Fire, . 


200,000 


22,814,698 


432,274 


196,414 


236,860 


Niagara Fire, 


500,000 


279,237,285 


2,780,640 


1,586,068 


1,194,572 


North British & Mercantile, 


200,000 


5,369,252 


338,160 


25,170 


312,990 


Northern Insurance, . 


250,000 


19,810,668 


537,050 


169,147 


367,903 


North German Fire, . 


200,000 


9,222,781 


302,071 


75,162 


226,909 


North River, 


350,000 


55,259,671 


849,416 


309,311 


540,105 


Northwestern National, 


600,000 


249,507,065 


2,955,139 


1,354,558 


1,600,581 


Orient, 


500,000 


168,265,407 


2,278,289 


1,172,367 


1,105,922 


Pacific Fire, 


200,000 


66,848,454 


769,062 


463,309 


305,753 


Pelican Assurance, 


200,000 


14,940,142 


387,315 


104,066 


283,249 



Including perpetual fire risks. 



xl 



REPORT OF THE 



Table VIII. — Insurance Companies of Other States — Concluded. 



NAME OF COMPANY. 


Cash 
Capital. 


Amount at 

Risk 

Dec. 31, 1900.* 


Gross 
Assets. 


Groes 
Liabilities. 


Surplus as 

regards 
Policy Hold- 
ers Dec. 31, 
1900. 


Pennsylvania Fire, 


$400,000 


$380,775,797 


$5,264,622 


$2,756,744 


$2,507,878- 


Phenix (New York), . 


1,000,000 


544,132,400 


5,714,705 


3,440,112 


2,274,593 


Phoenix (Hartford), . 


2,000,000 


394,984,037 


5,365,164 


2,299,398 


3,065,766 


Potomac 


200,000 


22,550,682 


514,576 


126,672 


387,904 


Providence Mutual, . 


- 


25,751,402 


457,193 


142,283 


314,910 


Providence "Washington, . 


500,000 


171,035,357 


2,169,547 


1,230,077 


939,470 


Queen 


500,000 


303,474,315 


4,341,766 


1,615,752 


2,726,014 


Reading Fire, 


250,000 


63,379,073 


908,575 


389,014 


519,561 


Reliance, .... 


300,000 


58,338,375 


1,015,407 


491,908 


523,499 


Rhode Island Mutual, 


- 


47,449,515 


554,783 


189,790 


364,993 


Rochester German, . 


200,000 


71,879,173 


1,194,010 


428,530 


765,480 


Security 


300,000 


80,273,836 


1,016,646 


556,355 


460,291 


Spring Garden, . 


400,000 


88,963,413 


1,357,992 


858,262 


499,730 


State Mutual Fire, 


- 


81,064,983 


856,374 


331,780 


524,594 


St. Paul Fire and Marine, . 


500,000 


169,044,029 


2,536,587 


1,398,272 


1,138,315 


Teutonia, .... 


250,000 


33,187,393 


721,211 


292,698 


428,513 


Traders', .... 


500,000 


116,071,607 


2,402,397 


918,515 


1,483,882 


Union 


200,000 


40,973,333 


543,999 


289,739 


254,260 


United Fire, 


250,000 


28,832,437 


546,420 


181,527 


364,893 


United Firemen's, 


300,000 


85,197,070 


1,538,363 


1,045,308 


493,055 


United States Fire, . 


250,000 


48,695,195 


667,505 


355,527 


311,978 


United States Lloyds, 


- 


9,252,492 


854,944 


602,533 


252,411 


Victoria Fire, 


200,000 


8,502,195 


255,809 


50,842 


204,967 


Westchester Fire, 


300,000 


279,236,832 


2,920,015 


1,461,421 


1,458,594 


Western 


300,000 


26,144,570 


502,931 


180,382 


322,549 


What Cheer Mutual, . 


- 


35,756,424 


317,127 


162,260 


154,867 


Williamsburgh City, . 


250,000 


141,183,417 


2,041,383 


690,270 


1,351,113 


Totals 


$49,102,875 


$15,397,611,537 


$230,771,689 


,$ 101,917,870 


$128,853,819 



* Including perpetual fire risks. 



INSURANCE COMMISSIONER. 



Xli 



Table IX. — Insurance Companies of Other States. 
Fire Business. 



NAME OP COMPANY. 


Risks 
Written. 


Premiums 
Received. 


Losses 
Paid. 


Ratio of Loss 

to Premiums 

Received. 


JEtna 




$453,497,043 


$4,016,482 


$2,437,765 


60.71 


Agricultural, .... 




159,364,200 


914,039 


567,443 


62.08 


Albany, 




12,900,986 


91,410 


57,607 


63.02 


American (Newark), 




144,690,543 


1,018,336 


596,751 


58.62 


American Central, . 




97,121,715 


867,876 


503,403 


58.00 


American Fire (New York), 




180,163,849 


941,688 


694,234 


73.72 


American Fire (Philadelphia), 




198,369,667 


1,303,208 


987,738 


75.80 


American Lloyds, . 




28,016,130 


196,105 


49,825 


25.41 


American Mutual, . 




21,274,494 


162,672 


14,084 


8.64 


Assurance Co. of America, . 




37,848,294 


225,288 


183,813 


81.58 


Blackstone Mutual, 




48,383,398 


360,658 


31,141 


8.63 


British American, . 




24,122,433 


132,345 


117,830 


89.04 


Buffalo Commercial, . 




17,005,146 


141,981 


101,815 


71.76 


Buffalo German, . . 




48,370,774 


376,597 


237,434 


63.04 


Caledonian American, . 




17,499,515 


105,835 


82,804 


78.26 


Camden Fire, .... 




12,773,184 


95,630 


48,517 


50.74 


Capital Fire, .... 




29,179,147 


218,923 


156,233 


71.36 


Citizens' (New York), . 




107,348,282 


683,431 


458,693 


67.12 


Citizens' (St. Louis), 




58,805,098 


137,426 


96,248 


70.05 


Colonial Assurance, . . 




28,813,575 


186,668 


334,403 


179.10 


Commerce 




13,705,565 


124,779 


71,349 


57.17 


Commercial Union, 




27,350,365 


115,287 


87,145 


75.59 


Commonwealth 




35,015,690 


228,134 


157,195 


68.93 


Concordia 




86,075,501 


660,554 


364,170 


55.13 


Connecticut Fire, .... 




206,600,395 


2,055,639 


1,152,042 


56.03 


Continental, 




600,640,582 


4,294,531 


2,220,299 


51.69 


Delaware, 




94,592,824 


692,030 


474,555 


68.58 


Detroit Fire and Marine, 




25,537,316 


193,884 


106,107 


54.72 


Dutchess, ..... 




29,776,287 


247,753 


178,964 


72.24 


Empire City, 




18,878,715 


168,345 


107,485 


63.88 


Enterprise Mutual, 




21,323,156 


162,898 


14,084 


8.64 



xlii 



REPORT OF THE 



Table IX. — Insurance Companies of Other States — Continued. 

Fire Business — Continued. 



NAME OF COMPANY. 



Risks 
Written. 



Premiums 
Received. 



Losses 
Paid. 



Ratio of Loss 

to Premiums 

Received. 



Equitable Fire and Marine, . 
Farmers' Fire, .... 
Fire Association, .... 
Fire Insurance Co., County of Phila., 



Fireman's Fund, . 
Firemen's (Baltimore), 
Firemen's (Newark), 
Firemen's Mutual, . 
Franklin Fire, . 



German (Freeport), 
German Alliance, . 
German American, 
German Fire (Pittsburgh), 
Germania Fire, 



Girard Fire and Marine, 
Glens Falls, . 
Granite State, . 
Greenwich, 
Hanover Fire, . 



Hartford Fire, 
Home, 

Home Mutual, 
Hope Mutual, . 
Indemnity Fire, 



Insurance Co. of North America, 

International, 

King's County Fire, 

Lafayette Fire, .... 

Liverpool and London and Globe, 



Lumbermen's, 
Magdeburg Fire, . 
Manufacturers' Mutual, 



$49,689,746 
39,582,795 

304,327,744 
27,092,756 

192,755,941 
93,336,062 
57,255,978 
82,752,975 
55,094,531 

177,681,378 
41,897,984 

529,306,767 
29,439,089 

216,550,840 

51,773,827 

97,089,269 

32,565,242 

211,775,301 

228,988,190 

777,262,712 

804,810,239 

45,830,616 

32,314,091 

19,636,913 

558,082,870 
17,261,579 
17,253,880 
29,788,455 
14,732,607 

21,261,356 
10,834,896 
36,019,159 



$462,607 
410,173 

2,912,668 
197,709 

1,597,493 
499,832 
467,275 
613,297 
505,492 

1,781,482 
276,124 

2,995,188 
242,111 

1,195,581 

391,731 

838,093 

290,224 

1,286,808 

1,720,597 

6,733,157 

4,591,078 

426,219 

263,176 

130,971 

4,099,634 

73,679 

102,156 

230,012 

63,413 

164,329 

66,868 

264,877 



$279,686 
296,293 

1,843,580 
148,778 

988,952 
336,787 
249,024 
46,237 
318,172 

895,818 
200,054 
1,712,457 
182,836 
651,153 

252,681 
452,074 
198,401 
739,250 
1,111,813 

4,197,414 

2,538,137 

234,900 

39,944 

67,012 

2,754,102 

48,830 

61,613 

176,779 

30,991 

108,239 
47,641 
18,605 



60.46 
72.23 
63.30 
75.27 

61.99 
67.19 
53.28 
7.54 
62.95 

50.30 
72.47 
57.16 
75.51 
54.45 

64.52 
54.40 
68.37 
57.44 
64.61 

62.33 
55.28 
55.12 
15.17 
51.15 

67.17 

66.27 
60.28 
76.87 
48.87 

65.06 

71.24 

7.03 



INSURANCE COMMISSIONER. 



xliii 



Table IX. — Insurance Companies of Other States — Continued. 

Fire Business — Continued. 



NAME OF COMPANY. 


Risks 
Written. 


Premiums 
Received. 


Losses 
Paid. 


Ratio of Loss 

to Premiums 

Received. 


Mechanics' 




$28,899,606 


$235,672 


$174,224 


73.91 


Mechanics' Mutual, . 




23,479,151 


172,217 


15,176 


8.82 


Mechanics' and Traders', 




23,622,715 


171,056 


111,513 


59.32 


Merchants' (Newark), . 




118,615,366 


823,841 


674,708 


81.90 


Merchants' Mutual, 




22,537,165 


169,709 


17,244 


10.16 


Michigan Fire and Marine, . 




33,206,768 


283,122 


166,194 


58.71 


Middlesex Mutual, . 




12,608,640 


86,719 


61,036 


70.39 


Millers' and Manufacturers', 




11,210,022 


174,613 


148,040 


84.77 


Millers' National, .... 




13,343,623 


339,420 


264,620 


77.96 


Milwaukee Fire, 




18,606,766 


177,069 


97,654 


55.14 


Milwaukee Mechanics', 




96,037,125 


900,263 


530,933 


58.97 


Nassau, 




15,602,862 


77,342 


84,599 


109.40 


National, . . . 




380,426,541 


2,735,587 


1,524,885 


55.74 


National Standard, 




38,655,272 


238,880 


180,903 


75.72 


Newark Fire 




19,812,666 


127,282 


78,301 


61.51 


New Hampshire Fire, . 




151,157,717 


1,304,126 


828,894 


63.57 


New York Fire, .... 




25,909,855 


168,298 


113,974 


67.74 


Niagara Fire, 




226,161,265 


1,653,822 


1,025,084 


61.97 


North British and Mercantile, 




10,519,606 


23,415 


1,160 


4.95 


Northern Insurance, 




29,087,007 


74,675 


112,487 


150.60 


North German Fire, 




12,961,552 


105,390 


43,383 


41.16 


North River 




53,559,517 


347,281 


202,875 


58.42 


Northwestern National, 




136,092,243 


1,013,866 


454,050 


44.78 


Orient, 




188,790,718 


1,265,773 


918,156 


72.53 


Pacific Fire 




61,847,417 


400,631 


302,779 


74.90 


Pelican Assurance, 




20,889,907 


133,653 


65,633 


49.09 


Pennsylvania Fire, 




232,425,355 


1,918,995 


1,251,010 


65.19 


Phenix (New York), 




377,614,524 


3,413,184 


1,935,886 


56.72 


Phoenix (Hartford), 




337,521,235 


2,770,567 


1,729,460 


62.40 


Potomac, 




24,355,472 


120,205 


40,022 


33.30 


Providence Mutual, 




6,985,523 


70,637 


25,269 


35.77 


Providence Washington, 




166,631,439 


1,055,380 


732,298 


69.41 



xliv 



REPORT OF THE 



Table IX. — Insurance Companies of Other States — Continued. 
Fire Business — Concluded. 



NAME OF COMPANY. 



Risks 
Written. 



Premiums 
Received. 



Losses 
Paid. 



Ratio of Loss 

to Premiums 

Received. 



Queen, 

Reading Fire, . 

Reliance, . 

Rhode Island Mutual, 

Rochester German, 



Security 

Spring Garden, 

State Mutual Fire, . 

St. Paul Fire and Marine, 

Teutonia, 



Traders', . 
Union, 

United Fire, . 
United Firemen's, 
United States Fire, 



Victoria Fire, . 
Westchester Fire, . 
Western, . 
What Cheer Mutual, 
Williamsburgh City, 
Totals, 



$247,826,193 
60,051,254 
42,735,926 
49,730,350 
61,582,945 

71,327,483 
75,052,689 
86,259,188 
122,689,749 
40,501,250 

116,075,063 
33,574,655 
29,736,963 
35,889,967 
43,864,763 

11,551,738 
197,897,634 
22,473,399 
38,651,949 
86,782,294 
$12,182,519,749 



$1,952,700 
436,896 
325,040 
368,984 
466,307 

518,485 
575,211 
647,621 
1,497,724 
444,722 

1,088,617 
278,602 
185,433 
301,102 
318,112 

89,820 

1,526,003 

191,723 

312,463 

665,497 



$91,758,238 



$1,263,649 

245,481 

196,414 

23,409 

238,373 

340,396 
256,607 
45,621 
884,425 
280,655 

658,336 
196,658 
112,160 
212,799 
167,824 

79,460 
887,452 
187,413 

48,600 
369,889 



64.72 
56.19 
60.43 
6.34 
51.13 

65.65 
44.61 
7.04 
59.04 
64.29 

60.45 
70.60 
60.52 
70.67 
52.75 

88.47 
58.16 
97.76 
15.70 
55.33 



$54,526,500 



59.43 



Marine Business. 



^Etna 

Assurance Co. of America, 
Atlantic Mutual, 
Citizens', Mo., 
Colonial 



Detroit Fire and Marine, 
Equitable Fire and Marine, 
Fireman's Fund, . 
Greenwich, 



$138,658,225 

650,298,360 

233,588 

2,732,367 

7,130,334 

608,007 

101,564,872 

53,118,216 



$324,063 

2,963,141 

349 

63,956 

61,346 

6,786 

323,183 

178,194 



$164,283 

453 

1,353,243 

5 

25,396 

24,101 

4,206 

197,497 

89,951 



50.69 

45.66 

1.43 

39.71 

39.28 
61.98 
61.11 
50.48 



INSURANCE COMMISSIONER. 



xlv 



Table IX. — Insurance Companies of Other States — Concluded. 
Marine Business — Concluded. 



NAME OF COMPANY. 



Risks 
Written. 



Premiums 
Received. 



Losses 
Paid. 



Ratio of Loss 

to Premiums 

Received. 



Home, 



Home Fire and Marine, 
Insurance Co. of North America, 
Mechanics' and Traders', 
National Standard, 
New York Fire, 



Northwestern National, 
Orient, .... 
Providence Washington, 

Security 

St. Paul Fire and Marine, 



Teutonia, 
United States Fire, 
United States Lloyds, 
Western, . 
Totals, 



$82,976,503 

12,158,696 

398,754,420 

3,983,063 

3,035,962 

217,178 

266,264 

145,082,153 

9,074,203 

70,099,272 

5,682,524 
2,204,145 

293,862,758 
33,838 

$1,981,774,948 



$258,839 

90,526 

1,811,967 

7,079 

74,651 

17,869 

812 

397,913 

52,886 
342,561 

26,562 

33,469 

319,606 

169 



$7,355,927 



$174,967 

55,804 

1,137,594 

3,802 

264 

45,200 

2,543 
20,589 

276,799 
37,653 

178,601 

11,546 

16,736 

273,367 



$4,094,600 



67.59 

61.64 
62.80 
53.71 

60.55 

14.17 

2,535.59 
69.57 
71.19 
52.13 

43.49 
50.02 
85.54 



55.67 



xlvi 



REPORT OF THE 



Table X. — Insurance Companies of Other States. 



NAME OF COMPANY. 


Gross Cash 
Income. 


Gross Cash 
Expendi- 
tures. 


Expenses. 


Ratio of 

Expenses to 

Premiums 

Received. 


Cash 
Dividends 
Declared. 


^Etna 


$4,856,689 


$4,783,116 


$1,461,068 


33.66 


$720,000 


Agricultural, . 


991,764 


1,007,954 


390,270 


42.70 


50,000 


Albany, 


119,339 


118,171 


40,564 


44.37 


20,000 


American (Newark), . 


1,181,358 


1,109,432 


451,715 


44.37 


60,000 


American Central, . . . 


943,386 


941,979 


378,576 


43.62 


60,000 


American Fire (New York), 


984,404 


1,036,719 


342,485 


36.37 


- 


American Fire (Philadelphia), . 


1,415,555 


1,588,062 


558,146 


42.83 


35,000 


American Lloyds, 


218,952 


151,068 


63,842 


32.55 


- 


American Mutual, 


170,236 


165,719 


11,474 


7.05 


- 


Assurance Co. of America, 


243,154 


292,202 


83,937 


37.26 


24,000 


Atlantic Mutual, . 




3,348,922 


3,426,722 


420,532 


14.19 


- 


Blackstone Mutual, 




377,963 


347,969 


26,713 


7.66 


- 


British American, 




145,175 


169,618 


51,788 


39.15 


- 


Buffalo Commercial, . 




153,871 


154,532 


52,717 


37.13 


- 


Buffalo German, . 




443,827 


452,743 


162,326 


43.10 


40,000 


Caledonian American, 




116,960 


117,066 


34,262 


32.38 


- 


Camden Fire, 




115,842 


97,678 


37,720 


39.44 


10,573 


Capital Fire, 




237,231 


246,278 


82,044 


37.48 


8,000 


Citizens' (New York), 




717,584 


757,133 


273,806 


40.06 


24,000 


Citizens' (St. Louis), . 




152,645 


160,776 


64,523 


46.82 


- 


Colonial Assurance, . 




269,349 


485,833 


126,034 


50.28 


- 


Commerce, . 




149,180 


145,694 


57,459 


46.04 


16,000 


Commercial Union, 




123,409 


132,930 


35,785 


31.04 


10,000 


Commonwealth, . 




265,477 


265,214 


78,019 


34.20 


30,000 


Concordia 




697,418 


672,757 


288,263 


43.64 


20,000 


Connecticut Fire, 




2,209,730 


2,038,454 


786,412 


38.25 


100,000 


Continental, .... 




4,667,620 


4,044,923 


1,574,601 


36.67 


250,000 


Delaware, .... 




755,321 


829,077 


312,330 


45.13 


42,173 


Detroit Fire and Marine, . 




338,611 


296,030 


115,822 


45.38 


50,000 


Dutchess, .... 




261,204 


270,909 


91,945 


37.11 


- 


Empire City, 




177,460 


199,532 


80,047 


47.56 


12,000 


Enterprise Mutual, 




169,962 


165,401 


11,479 


7.05 


- 



INSURANCE COMMISSIONER. 



xlvii 



Table X. — Insurance Companies of Other States — Continued. 



NAME OF COMPANY. 


Gross Cash 
Income. 


Gross Cash 
Expendi- 
tures. 


Expenses. 


Ratio of 

Expenses to 

Premiums 

Received. 


Cash 
Dividends 
Declared. 


Equitable Fire and Marine, 


$504,399 


$494,017 


$177,040 


37.71 


$28,000 


Farmers' Fire, .... 


436,231 


456,228 


159,934 


38.98 


- 


Fire Association, 


3,181,978 


3,189,221 


1,136,041 


39.00 


200,000 


Fire Ins. Co., County of Phila., 


236,372 


263,378 


90,601 


45.83 


24,000 


Fireman's Fund, .... 


2,098,676 


2,059,209 


752,761 


39.19 


120,000 


Firemen's (Baltimore), 


530.015 


522,232 


146,687 


29.35 


40,000 


Firemen's (Newark), . 


595,541 


546,167 


194,021 


41.51 


100,000 


Firemen's Mutual, 


646,160 


591,532 


36,099 


5.89 


- 


Franklin Fire, .... 


634,496 


649,439 


248,143 


49.08 


80,000 


German (Freeport), . 


1,924,410 


1,717,613 


761,795 


42.77 


60,000 


German Alliance, 


312,925 


283,094 


83,040 


30.08 


- 


German American, 


3,308,036 


3,129,536 


1,117,079 


37.30 


30,000 


German Fire (Pittsburgh), 


265,185 


308,788 


105,952 


43.78 


20,000 


Germania Fire, .... 


1,355,577 


1,303,839 


502,686 


42.03 


150,000 


Girard Fire and Marine, . 


489,100 


553,878 


230,407 


58.82 


63,000 


Glens Falls, 


1,018,291 


891,067 


378,993 


45.60 


60,000 


Granite State 


310,327 


309,933 


99,533 


34.30 


12,000 


Greenwich, 


1,526,557 


1,522,912 


673,241 


45.95 


20,000 


Hanover Fire, .... 


1,845,645 


1,914,657 


702,844 


40.74 


100,000 


Hartford Fire, .... 


7,109,887 


7,132,283 


2,534,870 


37.65 


400,000 


Home, 


5,410,169 


4,951,723 


1,880,117 


38.76 


300,000 


Home Mutual, .... 


560,070 


514,329 


187,625 


36.31 


36,000 


Hope Mutual, .... 


272,037 


256,213 


20,630 


7.84 


- 


Indemnity Fire 


141,271 


125,067 


58,054 


44.31 


- 


Insurance Co. of North America, 


6,458,267 


6,114,527 


1,848,831 


31.28 


360,000 


International 


84,407 


76,128 


27,298 


37.05 


- 


King's County Fire, . 


136,119 


124,245 


52,632 


51.50 


10,000 


Lafayette Fire 


239,949 


254,608 


77,829 


33.84 


- 


Liverpool and London and Globe, 


72,638 


54,982 


23,991 


37.83 


- 


Lumbermen's 


218,074 


206,616 


73,378 


44.66 


25,000 


Magdeburg Fire, .... 


75,839 


72,981 


25,340 


37.90 


- 


Manufacturers' Mutual, 


277,996 


242,266 


17,889 


6.75 


- 


Mechanics' 


272,676 


296,158 


101,754 


43.19 


20,000 



xlviii 



REPORT OF THE 



Table X. — Insurance Companies of Other States — Continued. 



NAME OF COMPANY". 


Gross Cash 
Income. 


Gross Cash 
Expendi- 
tures. 


Expenses. 


Ratio of 

Expenses to 

Premiums 

Received. 


Cash 
Dividends 
Declared. 


Mechanics' Mutual, 


$179,352 


$159,377 


$11,557 


6.71 


- 


Mechanics' and Traders', . 


200,337 


192,149 


76,833 


43.14 


- 


Merchants' (Newark), 


898,146 


1,098,890 


392,182 


47.61 


$32,000 


Merchants' Mutual, . 


178,585 


164,670 


13,263 


7.81 


- 


Michigan Fire and Marine, 


320,108 


304,735 


122,541 


43.27 


16,000 


Middlesex Mutual, 


117,950 


110,110 


49,074 


56.59 


- 


Millers' and Manufacturers', 


185,231 


246,669 


85,688 


49.08 


- 


Millers' National, 


372,693 


351,680 


87,040 


25.65 


- 


Milwaukee Fire, .... 


193,236 


194,911 


97,257 


54.92 


- 


Milwaukee Mechanics', 


1,028,093 


1,014,882 


402,883 


44.75 


80,000 


Nassau, 


100,888 


127,907 


23,308 


43.07 


20,000 


National, 


2,932,479 


2,745,820 


1,100,935 


40.24 


120,000 


National Standard, 


277,922 


291,023 


85,855 


35.94 


24,000 


Newark Fire, .... 


155,879 


171,740 


67,789 


53.25 


25,000 


New Hampshire Fire, 


1,469,981 


1,471,294 


542,400 


41.60 


100,000 


New York Fire, .... 


257,394 


261,409 


90,235 


37.15 


12,000 


Niagara Fire 


1,759,297 


1,740,074 


664,990 


40.20 


50,000 


North British and Mercantile, . 


32,918 


10,280 


9,119 


38.94 


- 


Northern Insurance, . 


82,482 


182,943 


70,456 


94.35 


- 


North German Fire, . 


114,176 


86,756 


43,373 


41.15 


- 


North River, .... 


371,617 


379,559 


148,923 


42.87 


28,000 


Northwestern National, 


1,155,947 


976,083 


447,490 


43.36 


72,000 


Orient, 


1,342,433 


1,451,712 


487,967 


38.52 


25,000 


Pacific Fire 


468,463 


509,133 


186,354 


46.53 


20,000 


Pelican Assurance, 


142,874 


116,517 


50,883 


38.06 


- 


Pennsylvania Fire, 


2,133,286 


2,053,489 


702,479 


36.61 


100,000 


Phenix (New York), . 


3,567,545 


3,433,483 


1,397,597 


40.96 


100,000 


Phoenix (Hartford), . 


2,992,465 


3,087,590 


1,078,130 


38.90 


280,000 


Potomac 


152,404 


134,774 


70,753 


58.86 


24,000 


Providence Mutual, 


88,609 


69,300 


23,785 


33.68 


- 


Providence "Washington, . 


1,513,670 


1,530,225 


471,127 


32.42 


50,000 


Queen, 


2,104,714 


2,045,481 


681,833 


34.91 


100,000 


Reading Fire, .... 


476,142 


419,608 


158,546 


36.28 

1 


15,000 



INSURANCE COMMISSIONER. 



xlix 



Table X. — Insurance Companies of Other States — Concluded. 



NAME OF COMPANY. 


Gross Cash 
Income. 


Gross Cash 
Expendi- 
tures. 


Expenses. 


Ratio of 

Expenses to 

Premiums 

Received. 


Cash 
Dividends 
Declared. 


Reliance, 






$364,078 


$359,168 


$144,754 


44.55 


$18,000 


Rhode Island Mutual, 






387,711 


336,511 


24,854 


6.73 


- 


Rochester German, . 






515,755 


445,794 


187,420 


40.19 


20,000 


Security, 






606,872 


629,757 


227,709 


39.85 


24,000 


Spring Garden, . 






635,344 


521,695 


233,088 


40.52 


32,000 


State Mutual Fire, 






674,606 


627,992 


44,780 


6.92 


- 


St. Paul Fire and Marine, 






1,934,741 


1,784,559 


671,532 


36.50 


50,000 


Teutonia, 






497,401 


497,781 


180,580 


38.32 


25,000 


Traders', 






1,184,816 


1,128,029 


419,693 


38.54 


50,000 


Union, .... 






298,388 


344,128 


130,333 


46.77 


12,000 


United Fire, . 






205,069 


213,445 


101,284 


54.64 


- 


United Firemen's, 






364,546 


378,463 


135,308 


44.94 


30,000 


United States Fire, 






377,665 


371,031 


166,470 


47.35 


20,000 


United States Lloyds, 






444,004 


436,450 


113,083 


25.39 


- 


Victoria Fire, 






97,845 


108,659 


29,199 


32.51 


- 


Westchester Fire, 






1,650,658 


1,564,565 


629,112 


41.23 


48,000 


Western, 






217,523 


260,020 


71,722 


37.37 


- 


What Cheer Mutual, . 






325,806 


308,872 


25,824 


8.34 


- 


Williamsburgh City, . 






726,213 


733,566 


304,392 


45.74 


60,000 


Totals, . 


$108,445,275 


$105,985,295 


$36,857,621 


37.19 


$5,521,746 



REPORT OF THE 



Table XI. — United States Branches, Foreign Companies. 

[All companies in this list have a deposit capital of $200,000, except those doing a marine 
business, which have a deposit capital of $300,000, and are marked by an asterisk (*). Under 
section 31, chapter 522, Acts of 1894, all general deposits in excess of what is sufficient to enable 
the company to comply with the law as regards capital are counted as surplus funds.] 



NAME OF COM- 
PANY. 


Location. 


Amount at 

Risk 

Dec. 31, 1900. 


Gross 
Assets. 


Gross 
Liabilities. 


Surplus as 

regards Pol- 

| icy Holders 

Dec. 31, 1900. 


Aachen & Munich, 


Aix-la-Chapelle 


, $54,878,215 


$848,028 


$439,996 


$408,032 


Atlas Assurance, . 


London, . 


92,693,479t 


858,839 


569,765 


289,074 


Baloise Fire, . 


Basle, 


36,823,709 


828,589 


290,830 


537,759 


British America, . 


Toronto, . 


122,037,343 


976,310 


781,855 


194,455 


British & For. Marine,* 


Liverpool, 


17,075,904 


1,335,339 


579,191 


756,148 


Caledonian, . 


Edinburgh, 


181,695,579 


1,685,766 


1,028,817 


656,949 


Cologne Reinsurance, . 


Cologne, . 


46,032,428 


628,915 


302,029 


326,886 


Commercial Union, 


London, . 


407,666,881f 


3,516,109 


2,307,635 


1,208,474 


Hamburg-Bremen, 


Hamburg, 


156,180,263 


1,342,989 


1,028,301 


314,688 


Helvetia-Swiss, 


St. Gall, . 


42,457,319 


865,450 


338,577 


526,873 


Imperial, 


London, .» 


172,685,969 


1,546,646 


975,090 


571,556 


Lancashire, 


Manchester, . 


276,278,300t 


2,048,464 


1,564,011 


484,453 


Law, Union and Crown, 


London, . 


39,809,886 


618,289 


287,739 


330.550 


Lion, .... 


London, . 


79,853,257 


681,230 


458,795 


222,435 


Liv. & London & Globe, 


Liverpool, 


873,772,571f 


8,741,796 


4,886,072 


3,855,724 


Lon. Assurance (Fire), 


London, . 


163,174,978 


1,459,024 


797,042 


661,982 


Lon. Assur. (Marine),* 


London, . 


6,305,264 


616,309 


184,134 


432,175 


London & Lancashire, . 


Liverpool, 


387,853,743 


2,243,668 


1,579,068 


664,600 


Magdeburg Fire, . 


Magdeburg, 


85,218,377 


729,854 


527,044 


202,810 


Manchester Assurance, 


Manchester, . 


194,146,167 


1,571,144 


1,185,629 


385,515 


Mannheim,* . 


Mannheim, 


9,785,680 


390,312 


85,799 


304,513 


Marine,* .... 


London, . 


51,742,111 


484,880 


178,026 


306,854 


Moscow, .... 


Moscow, . 


68,604,570 


675,327 


422,923 


252,404 


Munich Reinsurance, . 


Munich, . 


205,895,399 


1,016,184 


1,001,932 


14,252 


National, 


Dublin, . 


42,168,906 


586,478 


387,827 


198,651 


Netherlands Fire, . 


The Hague, 


36,042,707 


569,272 


296,705 


tnjttt 


No. British & Mercantile, 


London, . 


423.048.156t 


3,889,837 


2.303.S80 


1,585,957 


Northern Assurance, . 


London, . 


200,740,514 


2,366,208 


1,125,641 


1/240,567 


North German, 


Hamburg, 


43,063,876 


603,012 


371,719 


231,293 


Norwich Union, 


Norwich, . 


250,391,417 


2,167,445 


1,363,385 


804,060 



+ Including perpetual tire risks. 



INSUEANCE COMMISSIONER. 



li 



Table XI. — United States Branches, Foreign Companies — Con. 



NAME OF COM- 


Location. 


Amount at 

Risk 
Dec. 31, 1900. 


Gross 


Gross 


Surplus as 
regards Pol- 


PANY. 


Assets. 


Liabilities. 


icy Holders 
Dec. 31,1900. 


Phoenix Assurance, 


London, . 


$316,721,953 


$2,713,430 


$2,039,372 


$674,058 


Prussian National, 


Stettin, . 


59,202,912 


766,423 


433,137 


333,286 


Reliance Marine,* . 


Liverpool, 


2,409,986 


376,858 


60,465 


316,393 


Royal, .... 


Liverpool, 


782,905,146| 


6,685,241 


4,489,564 


2,195,677 


Royal Exchange, . 


London, . 


100,497,741 


1,324,095 


675,699 


648,396 


Salamandra, . . . 


St. Petersburg, 


49,478,355 


645,463 


385,674 


259,789 


Scottish Union & Nat'l, 


Edinburgh, 


382,670,794 


3,410,410 


1,787,334 


1,623,076 


Skandia, .... 


Stockholm, 


43,581,277 


446,450 


271,851 


174,599 


State 


Liverpool, 


11,252,408 


320,877 


88,793 


232,084 


Sun, .... 


London, . 


311,959,981 


2,283,482 


1,482,680 


800,802 


Svea, .... 


Gothenburg, . 


44,011,387 


633,932 


430,626 


203,306 


Thames and Mersey,* . 


Liverpool, 


4,346,900 


522,789 


188,429 


334,360 


Thuringia, 


Erfurt, . 


98,583,928 


991,703 


672,732 


318,971 


Transatlantic, 


Hamburg, 


42,960,411 


641,322 


346,645 


294,677 


Union Assurance, . 


London, . 


131,556,356 


1,241,966 


826,282 


415,684 


Union Marine,* 


Liverpool, 


6,798,690 


502,331 


117,232 


385,099 


Western Assurance, 


Toronto, . 


217,267,709 


1,628,019 


1,279,566 


348,453 




$7,374,328,902 


$71,026,504 


$43,225,538 


$27,800,966 



f Including perpetual fire risks. 



lii 



REPORT OF THE 



Loss 
iums 
ed. 


CO 


— 


-<x 


1H 


CO 


CO 


CO 


OS 


*t 


© 


eo 


eo 


at 


CM 


© 


fr- 


1^ 


<h a > 


US 


<M 


eo 


CO 




CM 


t~ 


CO 


•t 


t- 


© 


«* 


fr- 


US 


US 


CO 


CO 


■* 


CO 


eo 




CM 


» 


t- 


o> 


© 


■^< 


CM 


o 


CO 


eo 


CO 


o 


us 


o *- 9, 


co 


<o 


t- 


fr- 


■<* 


CO 


eo 


CO 


CO 


00 


fc- 


t— 


CO 


CO 


CO 


CO 


US 


5*5 




































tf 2 




































2 


US 


CO 


CM 


eo 


CO 


CO 


us 


CO 


Ci 


t- 


CO 


eo 


fr- 


CO 


eo 


s 


l-H 


us 


US 


CO 


-i< 


o 


CO 


CO 


t- 


OS 


© 


"<H 


t- 


© 


•fl< 




US 


*3 


CO 


fr- 


o> 


CM 


© 


^ 


t~ 


•>» 




t- 


e» 


CM 


us 


•* 


© 


°o. 


fr- 






































pL| 


e© 


o 


CO 


CO 


TJ< 


o 












© 


us 


© 




us" 


eo 




us 


o 


r— 


CO 


us 


us 


ec 


o 


OS 


«— 


eo 


CM 


us 


us 


eo 




© 


a) 


eo 


us 


CM 


CO 


H* 


CO 


I-H 


°°- 


t- 


eo 


© 


CO_ 


CM 


co 


eo 


US 


l-H 


CO 

as 


s 














r^ 








i-T 






CO 






as 




































O 




































h3 






































o 


CO 


CM 


CO 


eo 


CO 


W 


O 


© 


eo 


© 


<s 


CO 


•«1* 


© 


^_, 


CO 


to 




CO 


» 


l-l 


CM 


o 


CO 


a> 




l-H 


© 


CO 


CM 


us 


CO 


CO 


© 


11 


eo 


o 


CO 


CM 


CO 


■*»< 


CO 


CO 


© 


US 


•«* 


t- 


fr- 


l- 


°i. 


CO 


US 




































cm 


■* 


o 


© 


© 


CO 


CO 


t— 


•^> 


CO 


CO 


CO 


CM 


us 




— 1 


CO 


us 


eo 


CO 


© 


fr- 


CM 


•^< 


i~ 


1— I 


eo 


CO 


00 


CO 


CO 


© 


us 


1> 


a ® 


us 


t- 


eo 


*t 


©_ 


CM. 


eo 


us 


co^ 


-s» 


CM_ 

f-H 


00^ 


eo 


us 


©^ 
us" 


CO 


eo 


Cm « 






































us 


CO 


CO 


o 


M 


CO 


o 


!>• 


eo 


t— 


fr- 


fr- 


CM 


© 


© 


«1< 


^H 


CO 


l-H 


CN 


■** 


CM 


CO 


CO 


CM 


t- 


"* 


eo 


CO 


CO 


© 


c^ 


fr- 


US 


CO 


cm^ 


US 




i— i 


eo 


T-l 


© 




i-i 


us 




us 


CO 


us_ 


us 


fr- 












































fr- 


•* 


O 


eo 


CO 


-r 


CM 


CM 


© 


CO 


© 


CO 


CO* 


-r 


CO* 


c 


CM 


CM 


o 


•*»• 


© 


CO 


o 


CO 


"* 


CO 


CO 


© 


© 


© 


CM 


s 


us 


£ 


US 


i— i 


CO 


°2» 


© 


OS 


us 


■"»< 


■* 


»i 


t- 


CM_ 


1-1 


■«* 


CO 


© 




































© 


i— i 


CM 




CO 


CO 


l» 


oo 


CM 


eo 


4 




© 


CO 


fr- 




l-H 


■ 
■ 
5 


US 


o 


■* 


■<J< 


^< 


us 


us 


'S" 


CO 


us 


■^< 


us 


l- 


US 




© 


• 






l-H 


CO 


f-l 




eo 


l-t 




r* 


CM 






fr- 


H 


1— 1 




































3 <» • 




































o of 
ses 
ium 
ived 


•** 


CM 


(O 


1— I 


CO 


•*t> 


US 


CO 


eo 


CM 


CO 


CO 


© 


00 


_ 


~r 


^H 


© 


US 


t- 


CM 


CM 


■* 


eo 


r-t 


CO 


CO 


l-H 


^H 


eo 


CO 


H 




© 


Rati 

Ex pen 

Prem 

Rece 


CO 


CO 


oo 


r-> 


o 


CO 


o 


eo 


t- 


us 




© 


■># 


fr- 


T 


© 


ae 


•«* 


CO 


CO 


eo 


eo 


eo 


CO 


eo 


CO 


eo 


•»* 


eo 


CO 


co 


eo 


CO 


l-H 




fr- 


CO 


fr- 


CM 


CM 


i-i 


OJ 


CO 


os 


os 


© 


t- 


CM 


CO 


CM 


w 


CO 


■ 


© 


fr- 


CN 


<M 


CM 


CO 


c> 


eo 


•*»< 


CO 


l-H 


fr- 


fr- 




CO 


CO 


us 


CO 


fr- 


Tj< 


CO 


US 


o 


CO 


■«* 


1-1 


i—i 


CO 


© 


us 


us 


fr- 


-T 


fr- 




































IS 


cm 


CM 


CO 


fr- 


CO 


CM 


us 


■^ 


t^ 


CO 


© 


00 






ee 


-S« 


-I 


a 


r( 


CO 


<M 


fr- 


CM 


fr- 


o 


us 


© 


us 


CM 


CO 


eo 


1— 


o 


CO 


to 


0) 


CM 


CS 




eo 


CO 


■>* 


T-> 


CO 


•*< 




US 


fr- 


l-H 


CM 


t- 


r: 




H 


& 




























i-T 






H 






































CM 


o 


© 


T* 


o 


© 


CO 


CO 


CO 


CO 


«• 


© 


© 


CM 


US 


'S' 


es 


..!■ no 


us 


CO 


© 


CO 


eo 


CO 


us 


© 


•^" 


CO 


CO 


us 


CO 


CO 


■^ 


eo 


o 


X g) 


fr- 


us 


•** 


us 


tj< 


us 


CO 


C5 


eo 


© 


us 


<M 


n 


© 


t- 


CO 


us 


» 3 

00 -J 


© 


eo 


t- 


us 


rH 


CM 


t- 


US 


_ 


t~ 


o 


CO 


fr- 


© 


© 


© 


eo 


OS 


CO 


© 


■^< 


CO 


CM 


eo 


us 


© 


CM 


CO 


CO 


oo 


fr- 


CO 


us 


us 


us 


t- 


■* 


CM 


fr- 


CO 


CM 


CO 


(M 


US 


■>* 


©_ 


eo 


us 


©_ 


00 


CM 


& 






,_7 




r£ 




CM 


j-T 




1-H 


CM 






US" 






«- a 




































® & 






































CM 


i-H 


© 


© 


00 


O 


H 


CO 


© 


r- 


•* 


■«S" 


© 


■^ 


•^< 


CM 


CO 




CO 


O 


fr- 


CO 


t- 


CO 


o 


us 


eo 


fc- 


© 


© 


eo 




eo 


CM 


fr- 




hj^ 


© 


eo 


CO 


CM 


CM 


o^ 


CO 


°i. 


CO 


us 


CO 


CO 


CO 


o 


O* 


CM 


(B 4) 




































II 


CO 


o? 


-* 


o 


co" 


00 


r-T 


a> 


t-^ 


o 


US 


US 


CM 


CM 


CM 


© 


eo" 


fr- 


© 


© 


■** 


CM 


CR 


co 


r— 


CO 


CO 


us 


us 


© 


© 


CO 




eo 


US 


fr- 


■>* 


CM 


i— i 


CN^ 


CO 


CO 


eo 


■* 


CO_ 


©^ 


•^ 


US 


ro_ 


© 


eo 


5 § 


o. 






F-l 


i-T 






CM 


i-? 




1-1 


l-H 






us 






M 














































• 




















• 


• 


• 


* 




































fe 




































<J 






























- 






em 










• 




















co 


• 


• 


a 






























o 






o 










„ 




















5 




^ 


o 












a 




















T3 


_ 


o 

Q 


Ex. 










*C 
















„ 




a 

03 


■ 


*B 


O 










03 
















a 




ft 


£ 










2 




o 












^ 




c 
o 
•a 


£ 


s 


H 


J3 








a 




m 










o 




^^ 


^^ 


3 


o 








_60 




a 
a 


a 
o 

"H 


D* 








6 




a 
o 


s 

O 


co 
u 


<1 


s 

s 


ee 
o 
a 

a! 




of 

o 


— 
o 






eo 

a 

CO 


3C~ 






a 

OS 




a 


a 

a 

s 


c 

3 




T3 
□ 
cS 

a 
co 

o 


hi 

9 


of 


CO 

a 
< 

— 

so 


"O 


£ 
"a 
o 
-a 

CO 


"3 


£ 


« 


% 




oT 


a 
o 

a 






OB 

oo 




CO 
CO 

<1 

(0 

ce 


0) 

CO 

O 


a 

OS 

CO 


- 

CO 

a 
ts 
o 


ki 

CO 

a 
a 


u 

a 


m 

> 


Is 
E 

CO 

— 


00 

e: 
« 

a 


a 

o 


o 
o 

— 

CO 


< 

c 
o 
•a 

c 


< 

O 

•a 
a 




es 




es 


B 


B 


cS 


o 


o 


ot 


"co 


a 


S3 


OS 


o 


o 




< 


< 


PQ 


pa 


PQ 


O 


O 


O 


= 


= 


.-3 


- 


3 


H^ 


J 


i-3 



INSURANCE COMMISSIONER. 



liii 





fr- 


CO 


fr- 


rM 


o 


© 


00 


CO 


CM 


CM 


eo 


tO 


© 


CO 


fr- 


© 


o 


cm 


to 


tO 


cm 


o 


1-H 


o> 


rH 


■>* 


00 


\o 


o 


00 


OO 


CM 


r^ 


CO 


© 


11 


© 


eo 


© 


CO 


tl 






CO 


CM 


00 


-* 


CO 


CM 


CO 


to 


CO 


CM 


-f 


00 


fr- 


© 


rH 


© 


Tjl 


1-H 


•H" 


to 


fr- 


CO 


k© 


CO 


CM 


•<*• 


o 


00 


CO 


o 


© 


CO 


CO 


CC 


tO 


fr- 


CO 


r-l 


fr- 


TJ" 


o 


ee 


l-H 


oc 


© 


tJ< 


© 


^ 


kO 


CM 


■*< 


Tit 


i-H 


■<* 


1-1 


CM 


•** 


-* 


CM 


CO 


-r 






>o 


t-4 


■<* 


OO 


CM 


CM 


CO 


fr- 


eo 


00 


00 


tO 


■>* 


© 


© 


tO 


© 


© 


t— 


to 


•<* 


o 


00 


o 


kO 


CO 


CO 


© 


OO 


CO 


tO 


CM 


■* 


© 


CO 


tO 


CO 


© 


OO 


tO 
















































CO 


CM 


o 


kO 


•«* 


© 


CO 




tO 


eo 


T»i 


© 


CM 


00 


© 


tO 


CM 


© 


eo 


CM 


tO 


fr- 


fr- 


o 


eo 


00 


fr- 


fr- 


CO 


fr— 


© 


tO 


CO 


© 


00 


^n 


© 


fr- 


CO 


rl 


a 


io 


00 


CM 


CM 


rH 


CO 


CM 


eo 


fr- 

1-H 


co 


•<* 


©^ 

rH 


tO 
l-H* 


CM 




00 
CM 


■<* 




i-T 




© 


QO 


© 


CO 


fr- 


© 


eo 


to 


CM 


i-H 


o> 


CO 


t— 


CM 


fr- 


CM 


© 


fr- 


_ 


tO 


CM 


o 


-* 


!» 


CO 


OS 


CO 


© 


CO 


kO 


00 


t- 


CO 


© 


CM 


CO 


© 


© 


CO 


© 


© 


tO 


oj 


CO 


CM 


en 


© 


OO 


OO 


1-H 


00 


■* 


© 


tO 


■># 


eo 


fr- 


OO 


fr- 


© 


I-H 


© 


CM 
















































fr- 


•** 


1— 


iO 


© 


1-H 


eo 


fr- 


© 


t- 


eo 




CO 


© 


eo 




■* 


© 


tO 




oo 


OO 


i-H 


CM 


kO 


tO 


eo 


tO 


fr- 


00 


CO 


f 


00 


CO 


-* 


l-H 


CM 


J-H 


eo 


© 


«s 


t- 


eo 


10 


kO 


o 


■>* 


tO 


■>* 


CC 


1-H 


•<«< 


CO 


<M 


■<* 


r-l 


© 


00 


tO 


© 


eo 












































1-1 




i-h 








?-H 






CM 


rl 




l-H 


CM 






•«* 






r-l 




r- 


CM 


CM 


•* 


CM 


l-H 


kO 


t- 


CO 


© 


CO 


© 


»* 


CO 


CO 


OO 


fr- 


00 


© 


-* 


t- 




00 


© 


fr- 


-# 


i-H 


o 


00 


t- 


© 


-* 




tO 


eo 


tO 


CO 


OO 


© 


CM 


© 


© 


CM 


CO 


tO 


CM 


*a 


t- 


1-1 


tO 


CM 


CO 


CM 


CO 


I-H 


i-i 


eo 


"* 


© 


•<* 


00 


ao 


00 












































fr- 


CO 


© 


1-H 


© 


© 


© 


eo 


CO 


eo 


CO 


tO 


CO 


T*t 


eo 


tO 




OO 


© 


© 


fr- 


it* 


O 


t- 


(M 


© 


l-H 


© 


oo 


CM 


t- 


-* 


■* 


CM 


eo 


CO 


•"* 


1* 


CO 


1-H 


OO 


00 


CM 


CI 


00 


CO 


© 


© 


© 


rH 


CM 


© 




© 




00 


l-H 


© 


1* 


t- 


00 


Tf 


CO 












































■O 


CM 


© 


O 


CO 


© 


kO 


CO 


© 


00 


CM 


eo 


eo 


OO 


fr- 


1-H 


fr- 


CO 


tO 


fr- 


1-H 


fr- 


o 


fr- 


00 


CO 


t- 


© 


CO 


tfS 


fr- 


t- 


tO 


i-H 


© 


10 


CO 


© 


© 


tO 


tO 


CO 


CM 


-H 


l-H 


rH 


t- 




CM 






CO 


l-H 




CM 


co 






t- 


rH 




eo 




CI 


CO 


CO 


fr- 


eo 


to 


Tt< 


© 


r-H 


© 




i-H 


■«* 


tO 


to 


© 


© 


© 


fr- 


tO 


-e 


C) 


fr- 


T* 


00 


eo 


CM 


eo 


tO 


© 


to 


eo 


CO 


CM 


© 


t- 


00 


CM 


"* 


tO 


eo 


CM 


(T> 


eo 


t- 


-r 


i« 


kO 


eo 


© 


© 


■* 




t— 


00 


tO 


eo 


CO 


tO 


© 


CO 


tO 


_i 


M 


■<* 


eo 


CM 


r-l 


eo 


eo 


•<* 


■<* 


eo 


eo 


CO 


CO 


eo 


■<* 




eo 


CO 


CM 


CO 


CO 


© 


o 


■<* 


CO 


kO 


CM 


CM 


-* 


CO 


t— 


°2 


CO 


© 


CO 


CM 


l-H 


CM 


© 


© 


-* 


00 


CO 


CO 


o 


CM 


t- 


fr- 


kO 


CO 


© 


© 


CO 


-!< 


© 


CO 


^H 


eo 


l-H 


>* 


CM 


tO 


fr- 


fr- 


CM 


<M 


f— t 


fr- 


OO 


■q- 


to 


CO 


© 


© 


CO 


CM 


CO 


r-< 


CO 


tO 


© 


CO 


fr- 


CO 


^H 


^ 


© 


CO 


© 


kO 


© 


kO 


to 


tO 


00 


■*+ 


00 


© 


1-4 


© 


CM 


eo 


CO 


iO 


tO 


CO 


■>* 




CM 


00 


© 


eo 


I-H 


00 


CM 


CO 


CO 


CM 


© 


© 


r-i 


r-l 


CM 


CO 


00 


© 


53 


CO 


tO 


l-H 




rH 


to 


CM 


i-H 


© 


•>* 


r-l 


CO 


t- 


1-H 




**• 
r-l 


CO 


I-H 


CO 




© 


CO 


to 


*# 


eo 


CO 


i-H 


CO 


eo 


© 


rH 


l-H 


_ 


l-H 


"*f 


eo 


CO 


CO 


l-H 


© 


CM 


CO 


o 


to 


■** 


CM 


tO 


t- 


00 


oo 


t- 


© 


CO 


t— 


-* 


tO 


CM 


© 


© 


CM 


*M 


tO 


-r 


fr- 


CM 


o> 


fc- 


■«* 


© 


OO 


co 


t- 


t- 


CM 


tO 


CO 


© 


© 




CO 


fr- 


CO 


© 












































CO 


CO 


ko 


© 


1-H 


1-H 


kO 


1" 


CM 


fr- 


eo 


00 


CM 


© 


■** 


© 


CM 


© 


00 


tO 


CO 


to 


© 


© 


© 


00 


CO 




© 


CO 


OO 


•^ 


CO 


OO 


tO 


ao 


© 


CO 




© 


fr- 


© 


to 


00 


CO 


■<* 


CM 


eo 


CM 


■<* 


tO 


CO 


rH 


tO 


CO 


eo 


TJH 




CM 


00 


CM 


© 


rH 












































i— 1 




I-l 








l-l 






CM 


rH 




^ 


CM 






-* 






CM 





rH 00 rH 



C3 ^ 

a js 
o <o 

a 
o 

rl 



< 



a a 



o> 




& 


c 


a 


o 

o 


a 


C 


go 


CJ 


cs 


O 


a 


a 


a 



P3 _r 



2 fc 



7- <q 



* a 



.2 Dj 



S & 



& fc 



« a 

2 « m 

5 ti b 



Ph & & (£ m m m 



liv 



REPORT OF THE 





■ 






















O 

•J 


I'd 

.2 « 


cm 


e» 


1-4 


b- 


CO 


8 

l-C 


eo 


00 


«~ 




•H 

o 


a £ 


to 


rH 


to 
oo 


•** 


CO 


© 


tO 


OJ 


• 


o 


1- «J 


© 


t- 


CO 


CO 


•"* 


© 


l— 


0* 


t- 




- 


2* 












rl 












2 


00 


co 


o> 


t~ 


*- 


r-i 


-f 


CM 


CM 


tO 




<M 


<N 


«— 


o 


(M 


t^ 


OO 


CO 


© 


O 




"S 


■^ 


°4. 


CO 


CO 




•* 


•**• 


"* 


I- 


tO 


























Oi 


00 


t— 


tO 


eo 


OO 






© 


a 


cb" 






oo 


'O 


CO 


o> 




CO 


© 


r-l 




o 




■ 


f» 


o 


CO 


I— I 


■<* 


-* 


00 


rl 


-* 


F— 1 




■ 




i-T 
















eo" 




■ 




















CO 




c 




















&■ 




tJ 


























CO 


CO 


t~ 


-c 


o 


^ 


I— 


00 


© 


-1> 




m 


o 


t- 


CM 


# 


■o 




© 


t~ 


CM 


00 




a ^ 
3 > 


00 


«# 


o 




°l 


-* 


tO 


© 


Oi 


© 


























m 


o 


o 


CO 


t-^ 


eo 


t- 


CM 


CM 


Oft 




eo 


00 


a> 


tO 


eo 


CM 


eo 


CM 


I- 


r— 




S g 




* 


■<* 


tO 


oo 


■<* 




T 


Oft 


00 




S 


" 










T+ 




r-l 


lo 




Oh M 




















«* 




e 


OS 


t— 


00 


<N 


o» 


lO 


00 


© 


© 


-tl 




(3 


o 


*» 


tO 


i- 


M 


© 


© 


© 


■M 




03 


00 


*! 


o 


CM 


OS 


o 


tO 


t- 


T 






























OS 


00 


eo~ 


00 


e» 


l^ 


© 


-c 


-I" 


© 




la 


(N 


CO 


-* 






00 


r— 


ao 


tO 


I— 




£ 


CO 


■^ 




©_ 


tO 


° 5 - 


t— 


Ol 


CO 


O 


























to 


r-^" 


oo 


of 


eo 


o" 


CO 


oo 


c. 


1^ 




0! 




o 


-*l 


<M 


o 


tO 


tO 


o 


-* 


co 




r* 


«» 


CN 




r-l 


i— » 




•— 1 




CM 


00 




OB 




















oo" 




2 




















m 




o 
























— (D 






















o 


£ s « 
§5 .2 ► 


CM 


t- 


— • 


t- 


CO 


CM 


I— 


eo 


CM 




o 


00 


eo 


eo 


r-< 


tO 


OO 


-? 


i— i 


« 






c a o 
^ 'r S 


CO 


o 


oo 


OO 


CD 


CO 


© 


© 


CM 




C5 


CO 


■<*• 


CO 




■>* 


CO 


CO 


CM 


CO 




j£ 


C- £ 4) 
























g** 


























CO 


cm 


OS 


O0 


OS 


_ 


r- 


tO 


CM 


eo 






OJ 


CM 


■** 


tO 


CO 




© 


© 


CM 






o 


-f 


fr- 


OS 


P"* 


o> 


© 


-■ 


■a 


«— 




■ 


0> 


t— 


►- 


© 


o 


tO 


•o 


-t 


CO 


t- 




a 


-f 


a> 


00 


o 


OS 


lO 




CO 




tO 




a> 


«J» 


■a 


r-l 




eo 


f— 1 


■* 




© 


■*_ 




a, 




















ao" 




H 
























H 




















4» 






"*JI 


o 


00 


CO 


© 


CM 


© 


t~ 


-t 


00 




' X 


CN 


i« 


CM 


CO 


en 




a> 


OS 


-N 


^4 




>4 Q 


-*• 


CO 


T 


CM 


CM 


-r 


•^ 


eo 


CM 


n 






ao 


to 


CO 


-t> 


OO 


r- 


© 


^ 


CO 


t~ 




CO 


■a 


CM 


o> 


o 


oo 




© 


CO 


CM 






CO_ 


O 


CM 


00 


o 


CM 


CM 


©_ 


CO 




§ "5 


& 


I-H 










l-i" 




oT 


^r 




- a 




















■a 




o s 




















m 




Ml 


























o 


t— 


t- 


-r 


o 


00 


t— 


© 


tO 


•* 






CO 


CO 


o 


•**« 


t— 


eo 


l~ 


CO 


© 


tO 






eo 


CO 


o 


o 


CM 


oo 


OO 


'J 


o 


eo 




X ^ 
























gi ' 


-* 




I— 




00 


© 


eo 


C5 


ao 


•o 




■* 


t- 


o 


t— 


-r 


i* 


00 


eo 


CM 


ao 






iO_ 


2 


tO 


00 


-3- 


r- 


•* 


CO 


CM 




O § 


€» 


rl 










•— i 




cm" 


tO 




t— 1 




















T» 




^ 
























15 
























<J 
























Qu 
























£ 
























o 
























o 
























Ec, 
























O 
























Eel 








£ 










eT 






< 








0) 

m 

4) 






V 

o 




o 

a 

eS 






to 








•a 




o* 


a 

a) 
E 

■ 




X 

I 














a 

a 


a 




C 

C3 


<1 


CtT 












ao 


"5c 


3 


< 


S 


a 

s- 

a> 

I 

09 


"3 

4-« 












V 


□ 


CS 






o 






do 


P 


of 

« 
0Q 


E 
a 


s 


IS 

a 

a 


a 
o 

s 

p 


C 

o 
"a 



EH 



INSURANCE COMMISSIONER. 



lv 



Table XIII. — Massachusetts Business for 1900. 
Massachusetts Mutual Fire Companies. 



NAME OF COMPANY. 


Risks 


Premiums 


Contingent 


Losses 


Losses 




Written. 


Received. 


Assets. 


Paid. 


Incurred. 


Abington, 


$1,913,483 


$23,328 


$28,328 


$8,862 


$9,153 


Annisquam, 


94,550 


- 


3,417 


9 


9 


Arkwright, . . - . 


46,819,845 


353,445 


1,767,223 


13,424 


13,214 


Atlas, 


20,250 


63 


- 


- 


- 


Attleborough 


439,210 


3,088 


30,472 


5,018 


5,479 


Barnstable County, 


2,477,186 


44,410 


133,229 


11,934 


12,059 


Berkshire, 


2,718,975 


40,588 


40,538 


15,605 


15,605 


Boston Manufacturers', 


57,510,607 


481,678 


2,408,391 


13,166 


13,166 


Bristol County 


512,930 


3,425 


34,247 


2,107 


2,307 


Cambridge, 


5,861,040 


96,051 


96,051 


43,594 


42,490 


Citizens' 


6,358,856 


89,944 


413,589 


29,577 


28,277 


Cohasset, 


61,250 


949 


1,899 


890 


409 


Cotton and Woolen, . 


6,817,164 


51,120 


255,598 


3,538 


3,538 


Dedharn, 


2,012,285 


31,473 


31,473 


11,513 


11,634 


Dorchester, . . . 


9,344,763 


146,895 


146,895 


58,181 


59,411 


Fall River Manufacturers', 


17,142,723 


127,961 


639,805 


4,639 


4,639 


Fitchburg 


4,459,566 


64,201 


64,201 


26,432 


31,161 


Groveland, 


403,794 


- 


32,748 


178 


178 


Hampshire, 


1,037,149 


16,926 


16,926 


4,449 


3,957 


Hingham 


5,308,595 


79,779 


79,779 


38,387 


38,515 


Holyoke, 


8,533,309 


129,570 


129,570 


40,275 


40,406 


Industrial, ..... 


4,041,128 


31,785 


158,925 


405 


405 


Lowell, 


2,846,730 


44,158 


44,158 


11,152 


11,100 


Lumber, 


1,028,816 


20,849 


62,546 


13,966 


13,891 


Lynn, 


471,245 


6,953 


13,906 


1,464 


1,464 


Merchants and Farmers', . 


4,648,240 


72,001 


72,001 


26,544 


27,652 


Merrimack 


7,006,260 


104,379 


422,979 


61,395 


55,316 


Middlesex, 


11,028,092 


168,447 


659,513 


65,445 


66,674 


Mutual Fire Assurance, 


1,321,200 


21,166 


21,166 


5,745 


5,745 


Mutual Protection, 


1,626,291 


26,489 


26,489 


4,911 


6,055 


Newburyport, .... 


135,250 


2,065 


8,290 


43 


43 


Norfolk, 


5,210,602 


76,844 


76,844 


26,594 


26,805 


Paper Mill 


4,707,138 


33,775 


168,377 


1,442 


1,442 


Quincy 


7,623,362 


116,402 


116,402 


40,612 


42,112 


Rubber Manufacturers', 


5,490,462 


45,365 


226,727 


3,046 


3,046 


Salem, 


2,102,239 


33,887 


33,887 


10,655 


10,655 


Salisbury and Amesbury, . 


24,450 


245 


2,445 


300 


300 


Saugus, 


960,400 


- 


120,369 


2,323 


2,323 


South Danvers, .... 


180,910 


3,914 


11,743 


332 


332 


Traders' and Mechanics', . 


8,692,649 


135,384 


135,384 


57,379 


57,379 


Western Massachusetts, 


500 


2 


_ 


_ 


_ 


West Newbury 


174,845 


- 


11,867 


3,207 


3,607 


Whiting, 


178,575 


1,551 


3,102 


- 


- 


Worcester Manufacturers', 


20,541,357 


252,134 


1,260,672 


4,969 


4,908 


Worcester Mutual, 


10,581,290 


152,481 


610,986 


33,368 


33,610 


Totals, 


$280,469,561 


$3,140,170 


$10,623,707 


$707,075 


$710,471 



hi 



REPORT OF THE 



Table XIII. — Massachusetts Business for 1900 — Continued, 

Massachusetts Mutual Fire-Marine Companies. 

Fire Business. 



NAME of company. 


Risks Premiums 
Written. Received. 


Losses 
Paid. 


LrOr- 

Incurred. 




$11,551 



Marine Business. 



China, 



$24,786,900 



$339,177 $2S2,257 $152,891 



Massachusetts Stock Companies. 
Fire Business. 



Mercantile Fire and Marine, 
Springfield Fire and Marine, 

Totals, 


$6,331,116 

J. 668 

.734 

12,818,061 

15,65S,041 

$51,356,:. 


$57,299 
S7.513 

91,241 
151,312 

$455,152 


$14,444 
47,951 
46.653 
40,199 
69,633 

$215, 850 


$12,524 
46,423 
23,021 
36,699 
71,322 

$189,959 



Marine Business. 



Boston, 



$66,666,363 ! $473,555 $215,453 



$21« 



Companies of Other States. 
Fire Business. 



./Etna 


$32,036,854 


$249,215 


$109,055 


$114,145 


Agricultural, 


8,011,000 


77.741 


40,396 


45,305 


Albany, 


2,044,510 


16,591 


6,863 


6,178 


American (Newark), 


4,456,086 


35,570 


15,029 


19,213 


American Central, 


1,257,659 


14,447 


9,436 


6,735 


American Fire (New York), 


6,450,862 


69,031 


30,657 




American Fire (Philadelphia), . 


4,762,859 




46,330 


50,001 


American Lloyds, 


2,811,433 


19,463 




2,766 


American Mutual, .... 


1,960,617 


14,512 


23 


23 


Assurance Company of America, 


2,184,020 


16,515 


7,155 


7,017 



INSURANCE COMMISSIONER. 



lvii 



Table XIII. — Massachusetts Business for 1900 — Continued. 

Companies of Other States — Continued. 

Fire Business — Continued. 





Risks 


Premiums 


Losses 


Losses 


NAME OF COMPANY. 












Written. 


Received. 


Paid. 


Incurred. 


Blackstone Mutual, 


$5,752,293 


$41,669 


$2,047 


$2,047 


British American, ...... 


41,997 


29,322 


9,209 


11,026 


Buffalo Commercial, 


792,323 


7,097 


2,500 


2,470 


Buffalo German, 


2,169,639 


17,222 


6,397 


6,427 


Caledonian American, 


1,269,024 


12,699 


4,253 


4,332 


Camden Fire, 


3,144,847 


14,921 


6,876 


7,204 


Capital Fire, 


4,365,403 


52,804 


31,950 


35,470 


Citizens' (New York), 


3,579,962 


32,157 


11,545 


14,058 


Citizens' (St. Louis), 


3,031,120 


31,254 


9,491 


17,989 


Colonial Assurance, 


886,872 


8,407 


10,247 


9,134 


Commerce, 


999,494 


9,007 


4,337 


3,339 


Commercial Union, 


1,805,391 


14,577 


3,755 


5,830 


Commonwealth, 


4,143,641 


26,685 


2,521 


4,457 


Concordia, 


2,813,684 


34,273 


5,791 


5,074 


Connecticut Fire, 


10,154,900 


105,828 


51,910 


53,445 


Continental, 


16,337,864 


163,687 


73,080 


75,203 


Delaware, 


4,751,241 


53,362 


27,565 


29,840 


Detroit Fire and Marine, .... 


1,179,897 


10,071 


2,688 


3,057 


Dutchess 


1,848,385 


16,850 


54 


1,829 


Empire City, 


- 


- 


- 


- 


Enterprise Mutual, 


2,002,617 


14,788 


23 


23 


Equitable Fire and Marine 


5,732,967 


50,996 


27,987 


23,513 


Erie Fire, 


1,843,022 


11,830 


6,245 


8,328 


Farmers' Fire, 


1,826,044 


33,979 


41,389 


45,215 


Fire Association, 


15,529,407 


175,532 


109,593 


109,562 


Fire Insurance Co., County of Philadelphia, 


2,071,952 


20,190 


6,206 


7,363 


Fireman's Fund, 


10,111,146 


100,224 


39,196 


40,353 


Firemen's (Baltimore), .... 


1,338,201 


20,035 


18,102 


19,316 


Firemen's (Newark), 


3,677,5ir 


32,843 


17,304 


18,618 


Firemen's Mutual, 


11,480,260 


82,885 


2,826 


2,745 


Franklin Fire, 


3,024,844 


28,255 


10,568 


11,312 


German (Freeport), 


3,643,505 


28,164 


6,502 


7,576 


German Alliance 


2,365,604 


23,066 


3,581 


8,405 


German American, 


16,547,866 


143,702 


69,736 


69,710 


German Fire (Pittsburgh) 


1,556,569 


12,933 


10,917 


11,226 


Germania Fire, 


6,346,940 


59,394 


20,951 


23,788 


Girard Fire and Marine, .... 


1,415,612 


12,527 


9,409 


7,206 


Glens Falls 


4,473,881 


38,505 


19,435 


18,728 


Granite titate, 


6,298,850 


69,279 


20,218 


24,839 


Greenwich, 


9,566,669 


86,999 


30,635 


31,432 


Hanover Fire, 


9,272,312 


93,992 


49,823 


53,689 


Hartford Fire 


23,694,933 


246,941 


123,960 


119,283 


Home, 


46,773,982 


325,309 


157,149 


166,851 


Home Fire and Marine, .... 


2,096,497 


20,825 


5,636 


6,074 


Hope Mutual, 


726,732 


5,498 


583 


583 


Indemnity Fire 


1,069,211 


11,418 


2,370 


3,163 


Insurance Co. of North America, 


22,369,445 


256,956 


104,980 


104,085 


International, 


605,833 


5,291 


3,188 


3,649 


King's County Fire 


676,933 


6,449 


2,983 


3,039 


Lafayette Fire, 


1,916,434 


15,065 


8,938 


8,832 


Liverpool and London and Globe, 


_ 


8 


_ 


_ 


Lumbermen's, 


1,084,171 


9,742 


6,187 


5,345 


Magdeburg Fire 


480,708 


7,382 


3,270 


3,272 


Manufacturers' Mutual, .... 


4,645,671 


33,021 


962 


977 


Mechanics', 


936,700 


11,149 


5,553 


6,138 



Iviii 



REPORT OF THE 



Table XIII. — Massachusetts Business for 1900 — Continued. 

Companies of Other States — Continued. 

Fire Business — Concluded. 





Risks 


Premiums 


Losses 


Losses 


NAME OF COMPANY. 












Written. 


Received. 


Paid. 


Incurred. 


Mechanics' Mutual 


$2,681,413 


$19,108 


$647 


$658 


Mechanics' and Traders', .... 


2,814,805 


21,339 


4,683 


6,955 


Merchants' (Newark) 


7,825,660 


52,927 


24,245 


18,594 


Merchants' Mutual 


2,562,665 


18,501 


1,033 


1,031 


Michigan Fire aod Marine, .... 


532,316 


5,616 


5,000 


4,313 


Middlesex Mutual, 


714,370 


10,415 


6,674 


6,411 


Millers' and Manufacturers', 


424,460 


7,533 


1,949 


'2,925 


Millers' National 


413,350 


3,920 


3,452 


3,452 


Milwaukee Fire, 


200,598 


2,081 


424 


424 


Milwaukee Mechanics', .... 


1,055,472 


11,482 


4,771 


4,408 


Nassau, 


778,687 


4,321 


49 


981 


National, 


18,266,108 


151,609 


55,298 


55,834 


National Standard, 


2,355,508 


16,618 


6,809 


6,586 


Newark Fire, 


608,803 


6,019 


2,270 


1,312 


New Hampshire Fire, 


19,889,634 


190,397 


147,837 


134,749 


New York Fire, 


2,470,388 


11.911 


8,631 


9,378 


Niagara Fire, 


11,858,761 


142,247 


74,488 


74,868 


North British and Mercantile, 


1,083,603 


5,204 


141 


131 


Northern Insurance 


1,346,458 


44,818 


10,199 


8,986 


North German Fire, 


495,423 


4,779 


1,515 


1.515 


North River, 


1,971,126 


20,649 


8,513 


10,989 


Northwestern National, .... 


3,449,044 


28,585 


12,363 


12,610 


Orient 


3,856,450 


36,559 


26,523 


27.735 


Pacific Fire, 


1,725,148 


18,809 


12,001 


11,876 


Pelican Assurance, 


547,932 


5,420 


962 


962 


Pennsylvania Fire 


9,668,949 


97,669 


75,767 


75,298 


Phenix (New York), 


21,215,765 


162,841 


39,525 


39,358 


Phoenix (Hartford), 


13,220,786 


122.217 


53,343 


62,187 


Potomac, 


867,550 


9,002 


958 


1.027 


Providence Mutual, 


515,910 


5,962 


1,263 


1,263 


Providence "Washington 


12,986,395 


115,667 


62,387 


59,613 


Queen 


11,666,997 


106,224 


35,004 


35,570 


Reading Fire, 


3,978,650 


32,133 


14,142 


14,606 


Reliance, ....... 


3,940,686 


24,212 


8,457 


9,538 


Rhode Island Mutual, 


6,925,197 


50,028 


1,164 


1,182 


Rochester German, 


4,106.413 


46,105 


21,066 


21,344 


Security, 


6,507,716 


56,067 


23,346 


30,107 


Spring Garden, 


7,482,406 


51,227 


29,671 


21,736 


State Mutual Fire 


11,288,644 


81,845 


114 


114 


St. Paul Fire and Marine, .... 


5,072,077 


42,112 


14,094 


15,950 


Teutonia 


234,876 


27,381 


5,950 


8,820 


Traders', 


4,402,819 


52,229 


21,082 


23,719 


Union 


4,104,578 


33,272 


9,002 


13,513 


United Fire, 


1,254,068 


14,677 


3,422 


5,274 


United Firemen's, 


3,524,853 


30,875 


14,578 


14,014 


United States Fire, 


2,524,394 


22,685 


5,727 


7,146 


Victoria Fire, 


541,764 


4,888 


2,674 


2,674 


Westchester Fire 


7,198,046 


73,670 


24,773 


2S.574 


Western, 


1,331,132 


9,374 


4,202 


3,012 


What Cheer Mutual 


1,090,486 


8,087 


1,998 


1,998 


Williamsburgh City, 


4,160,938 


37,875 


17,317 


20,002 


Totals, 


$602,017,183 


$5,518,517 


$2,391,874 


$2,469,934 



INSURANCE COMMISSIONER. 



lix 



Table XIII. — Massachusetts Business for 1900 — Continued. 

Companies of Other States — Concluded. 

Marine Business. 



NAME OF COMPANY. 



Risks 
Written. 



Premiums 
Received. 



Losses 
Paid. 



Losses 
Incurred. 



./Etna, 

Atlantic Mutual 

Fireman's Fund 

Home, 

Insurance Company of North America, 

Orient, 

Providence Washington, 

St. Paul Fire and Marine, 

United States Lloyds 

Totals, 



$1,764,310 

54,847,094 

1,685,544 

537,525 

38,424,470 



10,691,017 
1,055,073 
6,774,518 



$115,779,551 



$46,898 

270,423 

10,386 

15,341 

208,879 



59,301 
26,042 
11,508 



$648,778 



$22,342 

70,295 

3,600 

13,455 

50,591 

885 

4,072 

12,380 

2,576 

$180,196 



$20,718 

70,295 

3,996 

14,505 

50,000 

535 

5,942 

12,705 

1,320 



$180,016 



United States Branches, Foreign Companies. 
Fire Business. 



Aachen and Munich, 


$4,651,325 


$56,607 


$36,975 


$38,788 


Atlas Assurance, 


5,451,127 


59,023 


30,625 


24,793 


Baloise Fire, 


2,684,390 


29,938 


23,273 


19,860 


British American 


3,563,485 


42,136 


24,179 


25,467 


Caledonian, 


6,546,660 


77,692 


38,900 


35,584 


Cologne Reinsurance, . . . . * . 


4,937,340 


45,065 


10,089 


16,308 


Commercial Union 


15,406.162 


165,831 


65,073 


68,808 


Hamburg-Bremen, 


5,404,158 


54,202 


29,299 


29,844 


Helvetia. Swiss, 


1,912,780 


20,526 


18,711 


18,656 


Imperial, 


9,294,401 


93,090 


47,484 


50,667 


Lancashire, 


11,693,697 


91,684 


45,278 


40,294 


Law, Union and Crown, .... 


1,712,533 


16,107 


6,624 


7,362 


Lion, 


3,424,795 


36,848 


22,230 


24,047 


Liverpool and London and Globe, 


30,524,890 


313,221 


202,211 


211,176 


London Assurance (Fire), .... 


6,640,385 


68,966 


37,054 


38,471 


London and Lancashire, .... 


16,893,084 


137,995 


58,358 


62,576 


Magdeburg Fire, 


5,442,104 


66,7.30 
89,802 


25,649 


26,077 


Manchester Assurance, .... 


8,573,777 


31,554 


35,183 


Moscow, 


- 


- 


_ 


_ 


Munich Reinsurance, 


17,917,788 


141,878 


39,983 


40,881 


National, 


6,349,972 


78,706 


24,902 


30,159 


Netherlands Fire, 


2,202,533 


26,438 


18,384 


17,589 


North British and Mercantile, 


14,883,060 


136,237 


65,817 


71,124 


Northern Assurance, 


9,905,647 


68,284 


26,346 


25,712 


North German, 


1,588,058 


17,189 


2,695 


2,745 


Norwich Union, 


11,962,030 


112,244 


66,972 


67,693 


Phoenix Assurance, 


12,333,170 


117,500 


59,111 


50,564 


Prussian National, 


3,114,610 


25,133 


10,571 


14,312 


Royal, 


44,637,081 


848,823 


220,275 


206,474 


Royal Exchange, 


8,074,424 


64,482 


20,302 


25,158 


Salamandra, . . . . 


4,168,987 


36,246 


2,378 


2,457 


Scottish Union and National, 


15,«69,941 


148,949 


83,635 


87,559 


Skandia, 


4,066,401 


22,532 


586 


622 


State, 


1,189,184 


11.692 


3,243 


3,902 


Sun, 


14,729,969 


139,259 


59,739 


52,065 



lx 



REPORT OF THE 



Table XIII. — Massachusetts Business for 1900 — Concluded. 

United States Branches, Foreign Companies — Concluded. 

Fire Business — Concluded. 



NAME of company. 


Risks 
Written. 


Premiums 
Received. 


Losses 
Paid. 


Losses 
Incurred. 


Svea, 

Thuringia, 

Transatlantic, 

Union Assurance, 

Western Assurance, 


$2,521,231 

3,787.659 

693,675 

5,890,779 

6,624,474 


$30,647 

44,136 

8,002 

57,200 

74,534 


$16,926 

23,8o9 

2,457 

18,715 

33,151 


$15,658 

25.665 

3,172 

18,136 

33,687 




$337,267,666 


$3,175,574 


$1,553,563 


$1,569,295 



Marine Business. 



British and Foreign Marine, 


$67,582,595 


$375,181 


$259,349 


$221,422 


London Assurance, 


2,656,690 


22,252 


3,262 


3,262 


Mannheim, 


6,907,819 


37,866 


28,153 


29,783 


Marine, 


170,702,016 


50,871 


35,237 


29,969 


Reliance Marine, 


- 


- 


- 


_ 


Thames and Mersey, 


3,208,608 


9,366 


235 


235 


Union Marine, 


438,931 


6,921 


774 


774 




$251,496,659 


$502,457 


$327,010 


$285,445 



Recapitulation. 
Fire Business. 



Massachusetts mutual fire companies, 
Massachusetts mutual fire marine com- 
panies, 

Massachusetts joint-stock companies, 
Companies of other 8tates, .... 
United States branches 



Totals, 



$280,469,561 

2,748,646 

51,356,620 

602,017,183 

337,267,666 

$1,273,859,676 



$3,140,170 

30,372 

455,152 

5,518.517 

3,175,574 



$12,319,785 



$707,075 

9,932 

218,880 
2,391,874 
1,553,563 



$710,471 

11.551 

189,989 

2,469,934 

1,569,295 



$4,881,324 $4,951,240 



Marine Business. 



Massachusetts mutual marine companies, . 
Massachusetts joint-stock companies, 

Companies of other States 

United States branches, .... 

Totals, 



$24,786,900 

66,666,363 

115,779,551 

251,496,659 



$339,177 
473,588 I 
648,7"- 
502,457 



$282,257 
218,453 
180,196 
327,010 



$152,891 
219,572 
180,016 
285,445 



$458,729,473 i $1,964,000 $1,007,916 $837,924 



INSURANCE COMMISSIONER. 



lxi 



Table XIV. — Statement of the Receipts and Expenditures of the 
Insurance Department for the Year ending Dec. 31, 1900. 

[Made pursuant to chapter 522, section 17, Acts of 1894.] 

Receipts. 



Compensation for valuation of life insurance policies, 
License fees, filing statements, certificates, etc., 



f26,858 47 
56,987 00 



f83,845 47 



Expenditures. 



Commissioner. 










$3,500 00 


Deputy Commissioner. 






• 




2,500 00 


Actuary. 










2,000 00 


Examiner. 










2,000 00 


Clerks. 






Arthur E. Linnell, first, 


$2,000 00 




William O. Richardson, second, 


1,500 00 




Minnie F. Whipple, third, 


1,200 00 


4,700 00 






Extra Clerks. 






A. M. Hawes, 


$1,100 00 




C. E. Weis, . 












1,000 00 




M. E. Burrill, 












1,000 00 




E. L. Johnson, 












1,000 00 




S. E. Flint, . 












1,000 00 




F. M. Page, 












1,000 00 




F. M. Robbins, 












1,000 00 




L. G. Hodgkins, 












976 67 




G. C. Studley, 












900 00 




G. M Hall,. 












900 00 




V. I. Bryant, 












900 00 




I. L. Baker, 












900 00 




F E. Gowell, 












840 00 




M. L. McMann, 












840 00 




L. H. Young, 












840 00 




C. L. Sawyer, 












840 00 




L. E. Brickett, 












840 00 




M. H. Dyer, 












840 00 




Amounts car 


riedj 


fyrwa 


,rd, . 




> 


$16,716 67 


$14,700 00 



lxii 



REPORT OF THE INSURANCE COMMISSIONER. 



Table XIV. — Statement of Receipts, etc. — Concluded. 



Amounts brought forward, .... 


$16,716 67 


$14,700 00 


J. S. Davis, 


840 00 




G. L. Moore, 




. . 




840 00 




E. G. Stevens, 




> . 




840 00 




B. Hadley, 




. 




810 00 




G. H. Manks, 




. , 




780 00 




M. V. Kelley, . 




. . 




715 00 




K. J. Connorton, 




, , 




630 00 




A. A. Estes, 








630 00 




H. A. Stewart, . 




, 




150 00 








22,951 67 






Contingent Expenses. 






Printing and binding, ..... 


$1,700 35 




Postage, 




830 57 




Travelling and examination expenses, 




110 16 




Stationery and supplies, 




199 80 




Clerical and expert services, 




50 00 




Stenographic work, etc., 




49 00 




Express, telegraph and telephone, 




136 51 




Adding machine, .... 




250 00 




Rooks and newspapers, 




67 15 




Incidentals, 




59 13 








3,452 67 




. 


Total expenditures for 1900, 


£41,104 34 


Fees collected and paid into State treasury, 


. 


83,845 47 


Surplus accrued to the Commonwealt 


h, . 


$42,741 13 



MASSACHUSETTS MUTUAL 



FIRE INSURANCE COMPANIES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1900. 



ABINGTON MUTUAL FIRE INSURANCE CO. 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



ABINGTON MUTUAL FIRE INSURANCE COMPANY, 

ABINGTON. 

[Incorporated May 30, 1856. Commenced business June 15, 1857.] 
ISAAC C. HOWLAND, President. ALFRED H. NASrf, Secretary. 

Amount of permanent fund, $41,728 54 



Detailed Statement of Stocks, 



South Abington (Mass.) bonds, 

Omaha (Neb.) city bonds, 

St. Paul (Minn.) bonds, .... 

Portland & Ogdensburg Railroad bonds, 

Naumkeag Street Railway bonds, . 

East Middlesex Street Railway bonds, 

Trenton Passenger Railway bonds, . 

Rockland & Abington Street Railway bonds, 

Concord & Montreal R.R. debentures, 

Fitchburg R R. bonds, .... 

Maine Central R.R. bonds, 

Boston United Gas Co. bonds, . 

20 shares Union Pacific R.R., . 

10 

10 

14 

5 

20 
13 

5 

14 
21 



State National Bank, Boston, . 
Nat' 1 Hide and Leather B r k, Boston 
Metropolitan National B'k, Boston, 
Old Boston National Bank, Boston, 
South End National Bank, Boston, 
Abington National Bank, Abington, 
Whitman National Bank, Whitman, 
First National Bank, Salem, 
First National Bank, Danvers, . 



Bonds, etc. 

Par Value. 
$2,000 00 

1,000 00 
1,000 00 
5,000 00 
2,000 00 
1,000 00 
2,000 00 
1,000 00 
3,000 00 
1,000 00 
1,000 00 
2,000 00 
2,000 00 
1,000 00 
1,000 00 
1,400 00 

500 00 
2,000 00 
1,300 00 

500 00 
1,400 00 
1,575 00 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $4,400 00 

Loans on mortgage of real estate (first liens*), 18,230 00 

Interest due or accrued thereon, . . . 232 71 



Market Valne. 

$2,160 00 
1,053 75 
1,090 00 
5,600 00 
2,155 00 
1,010 00 
2,390 00 
1,175 00 
3,322 50 
1,018 75 
1,040 00 
1,620 00 
1,640 00 
1,100 00 
1,100 00 
1,428 00 
525 00 
1,600 00 
1,365 00 
510 00 
1,190 00 
1,575 00 



$34,675 00 $35,668 00 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



£9,550 00 
24,515 00 
•23,100 00 



ABINGTON MUTUAL FIRE INSURANCE CO. 



Stocks, bonds, etc., as per schedule, . 

Cash loans, 

Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Bills receivable, 

Gross assets, 



Liabilities 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid, 
Commissions and brokerage, . 

Gross liabilities, 

Net cash assets, 



$35,668 00 




300 00 




1,729 10 




16,143 35 




298 32 




1,408 50 




30 00 




1,451 64 






$79,891 62 


$877 89 


250 00 




42,954 30 




3, 482 20 




292 53 






44,856 92 




. . . . 


$35,034 70 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



$1,431 42 

28,434 20 

$29,865 62 

1,408 50 



,457 12 
1,466 77 



sources, 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for repairs on real estate, 

for incidentals, 

Gross cash expenditures, .... 



$26,990 35 


248 50 


899 70 


2,535 58 


539 60 


$31,213 73 


$8,861 92 


9,725 75 


4,182 60 


2,215 13 


310 23 


425 00 


152 55 


734 56 


$26,607 74 



ANNISQUAM MUTUAL FIRE INSURANCE CO. 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $5,941,593 00 
Risks written during 1900, . 1,913,483 00 



Total, .... 
Risks terminated during 1900, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$7,855,076 00 

2,136,182 00 

$5,718,894 00 

56,715 00 



Cash Prem's. 

$87,105 50 
28,434 20 

5115,539 70 
31,178 17 

$84,361 53 
774 73 



Conting't Prem's. 

$87,105 50 
28,434 20 

$115,539 70 
31,178 17 

$84,361 53 
774 73 



$5,662,179 00 $83,586 80 $83,586 80 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 20 and 40 per cent. 



$9,153 00 



ANNISQUAM MUTUAL FIRE INSURANCE COMPANY, 

GLOUCESTER. 

[Incorporated March 1, 1847., Commenced business Dec. 28, 1847.] 

ELIAS DAVIS, President. , JAMES S. JEWETT, Secretary. 

[Note. — This company charges a cash premium adequate for expenses only, and relies 
upon assessments on deposit notes to pay losses.] 



Amount of permanent fund Dec. 31, 1899, 
Increase during the year, 

Permanent fund Dec. 31, 1900, 



$652 19 
24 50 

$676 69 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

United States bonds, f 500 00 $575 00 

Summary of Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *), 

Interest due or accrued thereon, 

Stocks, bonds, etc., as per schedule, 

Cash in the office of the company, 

Cash deposited in bank, 

Assessments due, 

Postage stamps, 

OflBce safe, $85 00 

Gross assets, 



$4,463 9± 


117 


84 


575 


00 


51 


21 


3,654 95 


25 


45 




18 



Liabilities. 
Return assessments on cancelled policies, 



$8,888 57 



$58 07 



* Value of lands mortgaged $3,900 00 

Value of buildings thereon 6,900 00 

Amount of insurance held as collateral 6,563 00 



ARKWMGHT MUTUAL FIRE INSURANCE CO. 



Income. 

Cash received from assessments, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 

Risks outstanding Dec. 31, 1899, 
Risks written during 1900, 

Total, .... 
Risks terminated during 1900, . 



$629 48 

282 50 

20 00 

$931 98 



$9 


17 


154 06 


350 


00 


3 


67 


11 


00 



In force at end of year, 

Miscellaneous 
Losses incurred during the year, 



Amount. 

$336,305 00 
94,550 00 

$430,855 00 
95,600 00 



$527 90 



Conting't Prem's. 

$21,438 85 
3,417 25 

$24,856 10 
5,808 50 



$335,255 00 $19,047 60 



$9 00 



ARKWRIGHT MUTUAL FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated Feb. 8, 1860. Commenced business Oct. 1, I860.] 
R. W. TOPPAN, President. D. W. BARTLETT, Secretary. 

Office, 31 Milk Street. 
Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Commonwealth of Massachusetts, . . . $100,000 00 $104,500 00 

Cambridge city bonds, 40,000 00 42,950 00 

Boston city bonds 20,000 00 21,500 00 

Providence city bonds, 50,000 00 50,500 00 

Waltham city bonds, 10,000 00 10,725 00 

Lowell city bonds, 20,000 00 22,800 00 

Springfield city bonds, 20,000 00 20,075 00 

Worcester city bonds, 25,000 00 25,500 00 

Fitchburg Railroad bonds, .... 60,00000 67,06200 

Eastern Railroad bonds, 35,000 00 40,075 00 

Old Colony Railroad bonds, .... 40,000 00 46,400 00 

Boston & Lowell Railroad bonds, . . . 90,000 00 101,600 00 

Chicago, Burlington & Quincy R.R. bonds, . 50,000 00 53,462 00 



ARKWRIGHT MUTUAL FIRE INSURANCE CO. 



Par Value. Market Value. 

Boston & Maine Railroad bonds, . . . $50,000 00 $58,500 00 

Philadelphia, Wilm. & Baltimore R.R. bonds,. 20,000 00 22,600 00 

New York, Providence & Boston R.R. bonds, . 10,000 00 10,025 00 

Boston & Providence Railroad bonds, . . 20,000 00 22,300 00 

Lake Shore & Michigan Southern R.R. bonds, 30,000 00 33,000 00 

Pennsylvania Company bonds, . . . 30,000 00 34,500 00 

Chicago June. R.R. & Union St'k Y'ds bonds, 25,000 00 27,875 00 

Boston & Albany Railroad bonds, . . . 30,000 00 33,000 00 

Norwich & Worcester R.R. bonds, . . . 50,000 00 57,000 00 

$825,000 00 $905,949 00 

Summary of Assets Dec. 31, 1900. 

Stocks, bonds, etc., as per schedule, . . $905,949 00 

Cash in the office of the company, . . . 316 91 

Cash deposited in bank, 70,988 35 

Interest due and accrued, 12,452 08 

Premiums in course of collection (gross), . 8,886 94 

Gross assets, 

Liabilities. 

Unearned premiums on outstanding risks, . $451,388 57 

State and local taxes, 1,992 15 

Gross liabilities, 

Net cash assets, 

Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



f998,593 28 



453,380 72 
$545,212 56 



Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Interest and dividends received from all sources, 

Gross cash income, 

Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for inspections, .... 

for incidentals, .... 

Gross cash expenditures, .... 



$13,758 13 
944,938 40 

$958,696 53 
8,886 94 

$949,809 59 
38,347 73 



$911,461 86 
36,518 80 

$947,980 66 



$68,318 01 

732,267 43 

24,644 76 

9,055 19 

2,116 78 

14,325 12 

9,309 25 

$860,036 54 



ATLAS MUTUAL INSURANCE CO. 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $106,111,588 00 $813,955 39 $4,069,776 95 
Risks written during 1900, . 124,221,407 00 944,938 40 4,724,692 00 



Total $230,332,995 00 $1,758,893 79 $8,794,468 95 

Risks terminated during 1900,. 112,503,885 00 856,116 65 4,280,583 25 



In force at end of year, . .$117,829,110 00 $902,777 14 $4,513,885 70 

Miscellaneous. 

Losses incurred during the year, $56,005 00 

Profits or surplus returned during 1900, 89 T 4 4 o per cent. 



ATLAS MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated February, 1892. Commenced business June 15, 1892.] 
JOHN A. PRAY, President. JOHN C RANDALL, Secretary. 

Office, 2 Mason Building. . 

Summary of Assets Dec. 31, 1900. 
Cash deposited in bank, $23,146 82 

Liabilities. 

Losses disputed or resisted, .... $500 00 

Unearned premiums on outstanding risks, . 25 97 

Due and accrued for rent, salaries, etc., . . 416 70 

Gross liabilities, 942 67 

Net cash assets, $22,204 15 



Income. 

Premiums outstanding Dec. 31, 1899, . . $2,943 10 

Premiums on risks written or renewed, . . 63 20 

Cash premiums received, $3,006 30 

Interest and dividends received from all sources, . . . 729 96 

Income from managers, 24,864 91 

Income from all other sources, 178 10 

Sale of bonds, $24,406 25 

Gross cash income, $28,779 27 



8 



ATTLEBOROUGH MUTUAL FIRE INSURANCE CO. 



Expenditures. 

Cash paid for losses, $12,753 71 

Deduct salvage and reinsurance, ... 26 98 

Net cash paid for losses, 

Cash paid for return premiums, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

to former agent at Chicago, 111., 

to managers for cancellation of contract, 

Gross cash expenditures, ..... 



$•12,726 73 

10,657 22 

125 96 

616 56 

68 47 

1,121 32 

390 33 

20,000 00 

$45,706 59 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $2,519,975 00 
Risks written during 1900, . 20,250 00 



Total, $2,540,225 00 

Risks terminated during 1900, . 2,522,475 00 



In force at end of year, - . 



$17,750 00 



Cash Prem's. Conting't Prem's. 

$31,143 25 $93,429 75 
63 20 189 60 



$51 95 



$31,206 45 $93,619 35 
31,154 50 93,463 50 



$155 85 



ATTLEBOROUGH MUTUAL FIRE INSURANCE COMPANY, 

ATTLEBOROUGH. 

[Incorporated Feb. 24, 1844. Commenced business July, 1844.] 

EVERETT S. CAPRON, President. HARRY E. CARPENTER, Secretary. 



Amount of permanent fund Dec. 31, 1900, 



§16,901 35 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 

Cash loan, 

Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



$2,100 00 

26,650 00 

342 76 

300 00 

31 43 

5,441 65 

444 20 



$35,310 04 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



816,000 00 
40,500 00 
34,800 00 



ATTLEBOROUGH MUTUAL FIRE INSURANCE CO. 



9 



Liabilities. 

Losses adjusted, unpaid, .... 

Unearned premiums on outstanding risks, 

Gross liabilities, 



$500 00 
7,500 08 



$8,000 08 



Net cash assets, $27,309 96 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash premiums received, . 
Received for extra premiums, . 
Interest received on mortgages, 
Income from rents, .... 



1 48 
3,088 48 



$3,279 96 
444 20 


$2,835 76 
186 58 



$2,649 


18 


59 


14 


1,196 


47 


242 00 



Gross cash income, 



$4,146 79 



Expenditures. 

Cash paid for losses, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for repairs on real estate, 

for incidentals, .... 

Gross cash expenditures, .... 



$5,017 


63 


170 89 


698 00 


140 


75 


36 


00 


23 


92 


117 


06 



!,204 25 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $2,362,331 00 $14,684 54 $29,369 08 

Risks written during 1900, . 439,210 00 3,088 48 6,176 96 



Total, $2,801,541 00 $17,773 02 $35,546 04 

Risks terminated during 1900, . 461,173 00 2,536 95 5,073 90 



In force at end of year, . . $2,340,368 00 $15,236 07 $30,472 14 



Miscellaneous. 
Losses incurred during the year, 



$5,479 00 



10 



BARNSTABLE COUNTY MUTUAL FIRE INSURANCE CO. 



BARNSTABLE COUNTY MUTUAL FIRE INSURANCE COMPANY, 

YARMOUTHPORT. 

[Incorporated March 2, 1S33. Commenced business Aug. 1, 1833.] 

ALPHOXSO L. WEEKS, President. JOHN H. CLARK, Secretary. 



Amount of permanent fund, 



,365 80 



Detailed Statement of Stocks, 

20 shares State National Bank, Boston, 

6 

5 
15 
15 
10 
10 
50 
63 
68 
10 
10 
10 



Shawmut National Bank, Boston, 
Nat 1 ] Bank of the Republic, Boston, 
Nat '1 Bank of Redemption, Boston, 
First National Bank, Yarmouth, 
First National Bank, Hyannis, . 
Falmouth National Bank, . 
Massachusetts Real Estate Co , 
Old Colony Railroad, 
Union Pacific Railroad, 
Southern Pacific Railroad, 
N. Y., New Haven & Hartford R.R. 
West End Street Railway, 

Bell Telephone Company bonds, 

Erie Telephone & Telegraph Company bonds 

St. Louis Terminal Company bonds, 

Fall River city bond, .... 

Boston & Maine Railroad bonds, 

Fitchburg Railroad bonds, 

Iowa Falls & Sioux City Railroad bonds. 

Chicago & E. Illinois Railroad bonds, 

Oregon Short Line Railroad bonds, . 

Illinois Steel Company bonds, . 

United States consols, .... 

Farm mortjrao-e bonds, .... 



Bonds, etc. 

Par Value. 

$2,000 00 

600 00 

500 00 

1,500 00 

1,500 00 

1,000 00 

1,000 00 

3,000 00 

6,300 00 

5,100 00 

650 00 

1,000 00 

1,000 00 

4,000 00 

4,000 00 

3,000 00 

1,000 00 

12,000 00 

4,000 00 

2,000 00 

2,500 00 

500 00 

1,000 00 

1,500 00 

600 00 



Market Value. 

$2,160 00 

1,020 00 

700 00 

1,800 00 

1,725 00 

1,030 00 

1,000 00 

625 00 

12,780 00 

5,480 00 

420 00 

2,115 00 

920 00 

4,000 00 

4,160 00 

3,420 00 

1,090 00 

13,920 00 

4,600 Oo 

2,720 00 

3,020 00 

585 00 

990 00 

1,740 00 

200 00 



$61,250 00 172,220 00 



Summary of Assets Dec. 31, 1900. 

3h value of unencumbered real estate, . $2,000 00 

Loans on mortgage of real estate (first liens *), 1,250 00 

Stocks, bonds, etc., as per schedule, . . . 72,220 00 

All other cash loans, 9,052 00 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



S500 00 
•2.S00 00 
•2,700 00 



BARNSTABLE COUNTY MUTUAL FIRE INSURANCE CO. 



11 



Cash in the office of the company, . 

Cash deposited in bank, 

Interest due and accrued, 

Gross assets, 

Liabilities. 

Losses adjusted, unpaid, 

Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid, 

State and local taxes, 

Gross liabilities, 

Net cash assets, 



$544 62 




10,707 90 




2,752 00 






$98,526 52 




$525 00 




1,000 00 




69,794 06 




773 25 




74 30 






. 72,166 61 





26,359 91 



Income. 

Cash premiums received, 

Received for extra premiums, 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 

Gross cash income, 



$44,409 53 

1,206 96 

55 00 

3,813 89 

$49,485 38 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, . 
for incidentals, .... 

Gross cash expenditures, .... 



$11,933 89 

27,073 21 

6,273 75 

444 $5 

761 60 

$46,487 00 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $7,495,226 00 $130,150 22 $390,450 66 

Risks written during 1900, . 2,477,186 00 44,409 53 133,228 59 



Total, $9,972,412 00 $174,559 75 $523,679 25 

Risks terminated during 1900, . 2,497,453 00 42,982 49 128,947 47 



In force at end of year, 



$7,474,959 00 $131,577 26 $394,731 78 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 70 per cent, to August 
1 ; balance of year, 50 and 60 per cent. 



$12,059 00 



12 



BERKSHIRE MUTUAL FIRE INSURANCE CO. 



BERKSHIRE MUTUAL FIRE INSURANCE COMPANY, 

PITTSF1ELD. 

[Incorporated March, 1835. Commenced business August, 1835.] 
FRANK W. HINSDALE, President. JOHN M. STEVENSON, Secretary. 

Amount of permanent fund, $57,271 91 



Detailed Statement of Stocks, 



Western Union Telegraph Co. bonds, 

Chicago & Western Indiana Railroad bonds, 

Baltimore & Ohio Railroad bonds, . 

St. Paul & Sioux City Railroad bonds, 

Pittsfield Electric Street Railway Co. bonds, 

Adams Express Co. bonds, 

Chicago, Burlington & Quincy R.R. bonds, 

Pittsfield Cemetery bonds, 

Baltimore & Ohio Railroad stock, . 

100 shares Boston & Albany R.R., . 

25 ' 

50 ' 

19 ' 
100 

55 

10 ' 

12 ' 

15 ' 

16 ' 
10 ' 

4 



N. Y. Cent. & Hudson River R.R., 
Chic, Burlington & Quincy R.R., 
New Hampshire Trust Co., 
Adams Express Co., 
Pittsfield National Bank, Pittsfield, 
Agricultural Natl Bank, Pittsfield, 
Third National Bank, Pittsfield, . 
First National Bank, Adams, . 
Adams Nat'l Bank, North Adams, . 
Lenox Nat'l Bank, Lenox, 
Lee National Bank, . 



Bonds, etc. 

Par Value. 

$1,000 00 
5,000 00 
2,000 00 
1,000 00 
2,500 00 

10,000 00 

1,000 00 

2,000 00 

200 00 

10,000 00 
3,200 00 
5,300 00 
1,900 00 

10,000 00 
5,500 00 
1,000 00 
1,200 00 
1,500 00 
1,600 00 
1,000 00 
400 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



Liabilities. 
Losses claimed and reported, . .$1,400 00 
Less reinsurance, .... 1,400 00 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Profits or surplus on terminated policies, unpaid, 



$14,500 00 

99,430 00 

1,214 97 

140 57 

190 00 

3,829 39 

200 00 



Market Value. 

11,150 00 
6,000 00 
1,940 00 
1,300 00 
2,500 00 
10,400 00 
1,040 00 
2,000 00 

170 00 

25,300 00 

4,576 00 

7,579 00 

950 00 
15,000 00 
8,250 00 
2,700 00 
2,520 00 
1,875 00 
2,080 00 
1,400 00 

700 00 



867,300 00 $99,430 00 



6119,504 93 



£68,416 00 

53 57 

1,357 04 



BERKSHIRE MUTUAL EIRE INSURANCE CO. 



13 



Due and accrued for rent, salaries, etc., 
Due for borrowed money, 
State and local taxes, 
Commissions and brokerage, 
Gross liabilities, . 



Net cash assets, 



$200 00 

3,000 00 

70 18 

525 30 



Income 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest and dividends received from all sources, 

Income from rents, .... 

Income from borrowed money, 

Gross cash income, ... 

Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 
Net cash paid for losses, . . • . 
Cash paid as profits on terminated policies, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, .... 

for repairs on real estate, 

for incidentals, 
Borrowed money repaid, . 

Gross cash expenditures, . 



$2,967 66 
40,588 23 

$43,555 89 
3,829 39 

$39,726 50 
3,077 63 



$4,000 00 



,811 45 
206 79 



$1,000 00 



Risks outstanding Dec. 31, 1899, 
Risks written during 1900, 

Total, .... 
Risks terminated during 1900, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



Risks and Premiums. 

Amount. 

9,370,919 00 
2,718,974 00 



$12,089,893 00 
2,573,439 00 

$9,516,454 00 
348,567 00 



Cash Prem's- 

$132,668 51 
40,588 23 

$173,256 74 
36,591 05 

$136,665 69 
4,829 91 



$73,622 09 
$45,882 84 



$36,648 87 

239 50 

3,701 58 

963 50 

$41,553 45 



$15,604 66 

16,447 85 

4,628 86 

3,171 00 

465 83 

450 00 

2,476 18 

1,592 64 

$44,837 02 



Conting't Prem's. 

$132,668 51 

40,588 23 

$173,256 74 

36,591 05 

$136,665 69 

4,829 91 



$9,167,887 00 $131,835 78 $131,835 78 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



$15,605 00 



14 BOSTON MANUFACTURERS' MUTUAL FIRE INSURANCE CO. 



BOSTON MANUFACTURERS' MUTUAL FIRE INSURANCE 
COMPANY, BOSTON. 

[Incorporated March 15, 1850. Commenced business Oct. 15, 1850.] 

EDWARD ATKINSON, President. FRANCIS E. ROBINSON, Secretary. 

Office, 31 Milk Street. 
Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Massachusetts State bonds, .... $250,000 00 $271,325 00 

Old Colony R.R. bonds, 120,000 00 134,250 00 

Boston & Albany R.R. bonds, .... 50,000 00 54,500 00 

Brookline town notes, 23,000 00 23,000 00 

Boston & Maine R.R. bonds 50,000 00 63,500 00 

Pennsylvania R.R. Co. bonds, .... 50,000 00 56,050 00 

N.Y. Central R.R. bonds, 100,000 00 119,250 00 

Boston & Lowell R.R. bonds, .... 75,000 00 78,750 00 

Phila., Wil. & Baltimore R.R. bonds, . . 40,000 00 43,200 00 

Eastern R.R. bonds ?5,000 00 28,500 00 

United New Jersey Railway & Canal Co. bonds, 50,000 00 58,000 00 

Boston city bonds 34,000 00 34,680 00 

West End Street Railway Co. bonds, . . 33,000 00 36,300 00 

Illinois Central R.R. bonds, .... 30,000 00 30,900 00 



$930,000 00 $1,032,205 00 



Summary of Assets Dec 31, 1900. 



Stocks, bonds, etc., as per schedule, 
Cash loans, .... 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Gross assets, 



Liabilities. 
Unearned premiums on outstanding risks, 



State and local taxes, 
Gross liabilities. . 



$1,032,205 00 

5,300 00 

11,390 91 

18,491 16 

11,570 83 



$516,664 57 
2,188 58 



$1,078,957 90 



518,853 15 



Net cash assets, $560,104 75 

Income. 
Premiums on risks written or renewed, . . $1,086,396 59 
Less reinsurance and return premiums, . . 44,801 91 

Net cash premiums received, .... $ 1,041,594 68 

Interest and dividends received from all sources, . . . 35,766 47 



Gross cash income, $1,077,361 15 



BRISTOL COUNTY MUTUAL FIRE INSURANCE CO. 



15 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, . 

for inspections, 

for repairs in office, . 

for incidentals, 

Gross cash expenditures, . 



861,953 78 

838,719 89 

38,690 83 

10.372 40 

2,748 32 

16,646 64 

2,327 49 

11,799 14 

$983,258 49 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstand'g Dec. 31, 1899, $123,308,475 00 $930,999 56 $4,654,997 80 
Risks written during 1900, . 145,661,403 00 1,086,396 59 5,431,982 95 



Total, .... $268,969,878 00 $2,017,396 15 $10,086,980 75 
Risks terminated during 1900, 131,531,705 00 984,067 00 4,920,335 00 



In force at end of year, . .$137,438,173 00 $1,033,329 15 $5,166,645 75 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 89 T 3 5 2 F per cent. 



$61,954 00 



BRISTOL COUNTY MUTUAL FIRE INSURANCE COMPANY, 

NEW BEDFORD. 

[Incorporated Feb. 13, 1829. Commenced business July 4, 1829.] 

JAMES TAYLOR, President. GEO. N. ALDEN, Secretary. 

[Note. — Policies are all issued for five years, ten per cent, of the premium note being 
received in cash at the time of issuing the policy. The notes are assessed as necessity 
requires. No cash funds are accumulated.] 



Summary of Assets Dec. 31, 1900. 



Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



$49 34 

2,257 48 

278 69 



>,585 51 



Liabilities. 



Losses adjusted, unpaid, . 
State and local taxes, 
Commissions and brokerage, 
Gross liabilities, 



$200 00 


5 


40 


35 


11 



$240 51 



16 



CAMBRIDGE MUTUAL FIRE INSURANCE CO. 



Income. 
Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash premiums received, .... 
Received for extra premiums, .... 
Interest and dividends received from all sources, 
Income fees, 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$407 84 
3,481 75 

$3,889 59 
278 69 

$ 3,6 10 90 
98 55 



Gross cash expenditures, . 

Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, . . . $2,161,905 00 
Risks written during 1900, 



Total, 

Risks terminated during 1900, . 

In force at end of year, 



Miscellaneous 
Losses incurred during the year, 



519,430 00 

§2,681,335 00 
653,380 00 



$3,512 35 


31 50 


64 99 


4 62 



$3,613 46 



|2,107 


12 


190 


92 


1,100 00 


35 


93 


278 


44 



$3,712 41 



Conting't Frem's. 

$145,640 00 
34,817 00 

$180,457 00 
44,068 00 



$2,027,955 00 $136,389 00 



$2,307 00 



CAMBRIDGE MUTUAL FIRE INSURANCE COMPANY, 

CAMBRIDGE. 

[Incorporated March 13, 1833. Commenced business Jan. 1, 1834.] 

DANA W. HYDE, President. ALFRED L. BARBOUR, Secretary. 

Amount of permanent fund, $130,688 77 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Cambridge city bonds, $5,000 00 $5,510 00 

Portland city bonds, 10,000 00 12,000 00 

West End Street Railway bonds, . . . 9,000 00 9,200 00 



CAMBRIDGE MUTUAL FIRE INSURANCE CO. 



17 



North Packing Co. bonds, 

Eastern R.R. bonds, 

Boston & Lowell R.R bonds, . 
Fitchburg R.R. bonds, .... 
15 shares National City Bank, Cambridge, 
1 share Framingham National Bank, 



Summary of Assets Dec. 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 

Cash loans, 

Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Prem's more than three mos. due, $1,422 96 
Gross assets, 



Par Value. 

$5,000 00 
1,500 00 
5,000 00 
9,000 00 
1,500 00 
100 00 



Market Value. 

$5,000 00 
1,700 00 
5,640 00 
9,890 00 
2,250 00 
140 00 



$46,100 00 $51,330 00 

31, 1900. 

$68,800 00 

101,983 00 

1,574 05 

51,330 00 

4,000 00 

1,639 21 

2,667 04 

763 58 

22,136 31 

625 09 

$255,518 28 



Liabilities. 

Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid, 
Due for borrowed money, 
Commissions and brokerage, . 

Gross liabilities, .... 



Net cash assets, 



$4,072 21 

210 00 

177,142 40 

7,855 45 

7,000 00 

3,320 45 



199,600 51 
$55,917 77 



Income. 

Premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 



$22,713 99 
1,422 96 

$21,291 03 
107,645 39 

$128,936 42 
23,559 27 

$105,377 15 
5,203 83 



,173 32 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$195,000 00 
121,700 00 



18 



CITIZENS MUTUAL INSURANCE CO. 



Received for extra premiums, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$512 90 

3,387 34 

2,874 61 

5,289 38 



Gross cash income, $112,237 55 



Expenditures. 
Cash paid for losses, ... 

as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, .... 

for expense on real estate, 

for incidentals, 



Gross cash expenditures, . 

Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $22,271,130 00 
Risks written during 1900, . 6,537,254 00 



Total, $28,808,384 00 

Risks terminated during 1900, . 6,502,765 00 



In force at end of year, . 
Deduct amount reinsured, 



.$22,305,619 00 
22,505 00 



Cash Prem'8. 

$353,552 90 
107,645 39 

$461,198 29 
108,577 21 

$352,621 08 
314 65 



$49,881 05 
40,608 64 
16,223 73 
9,750 00 
3,065 57 
1,000 00 
3,620 71 
6,J80 66 

$130,330 36 



Conting't Prem'8. 

$353,552 90 

107,645 39 

$461,198 29 

108,577 21 

$352,621 08 

314 65 



Net amount in force, . .$22,283,114 00 $352,306 43 $352,306 43 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



$48,977 00 



CITIZENS' MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated March 7, 1S46. Commenced business Oct. 6, 1S46.] 
HENRY C. BIGELOW, President. T. WALLACE TRAVIS, Secretary. 

Office, 8 Exchange Place. 
Amount of permanent fund, $174,441 91 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

$3,000 00 

1,500 00 

500 00 

4,000 00 

1,800 00 



30 shares Hide and Leather National Bank, . 
15 " Natick National Bank, 
5 " Farmington National Bank (N. H.), 
Butchers' S. and M. Association bonds, . 
Denver Land and Security Co. bonds, 



Market Value. 

$3,180 00 

1,800 00 

500 00 

4,000 00 

1,800 00 



$10,800 00 $11,280 00 



citizens' MUTUAL INSURANCE CO. 



19 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 

Cash loans, 

Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross) 
Rents due and accrued, 

Gross assets, .... 



$24,000 00 

277,235 00 

3,789 15 

11,280 00 

1,700 00 

649 02 

13,504 67 

134 46 

4,322 46 

210 00 



$336,824 76 



Liabilities. 

Unearned premiums on outstanding risks, . $204,330 95 

Profits or surplus on terminated policies, unpaid, 2,515 38 

Commissions and brokerage, . . . . 648 37 

Gross liabilities, 



207,494 70 



Net cash assets, $129,330 06 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash premiums received, . 
Received for extra premiums, . 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 

Gross cash income, 



$4,254 28 
89,944 30 




$94,198 58 
4,322 46 




$89,876 
3,835 


12 

44 


$86,040 68 

690 78 

13,769 97 

895 29 

1,293 75 


other sources, . 


• 


• • • • 


$102,690 47 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of officers and employees, 



$29,576 97 

45,099 23 

13,252 38 

8,824 30 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, . 



$138,250 00 
399,900 00 
338,100 00 



20 COH ASSET MUTUAL FIRE INSURANCE CO. 

Cash paid for State and local taxes, $ 1,572 41 

for rents, . 2,100 00 

for expense on real estate, 572 54 

for incidentals, 3,434 65 



Gross cash expenditures, $ 104,432 48 

Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem'e. 

Risks outstanding Dec. 31,1899,130,334,239 00 $416,724 91 $416,724 91 

Risks written during 1900, . 6,358,850 00 89,944 30 89,944 30 



Total, $36,693,089 00 $506,669 21 $506,669 21 

Risks terminated during 1900, . 6,711,104 00 93,080 20 93,080 20 



In force at end of year, . .$29,981,985 00 $413,589 01 $413,589 01 
Deduct amount reinsured, . 47,100 00 640 87 640 87 



Net amount in force, . . $29,934,885 00 $412,948 14 $412,948 14 

Miscellaneous. 

Losses incurred during the year, $28,277 00 

Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



COHASSET MUTUAL FIRE INSURANCE COMPANY, COH ASSET. 

[Incorporated March 18, 1845. Commenced business March 16, 1846.] 
CALEB F. NICHOLS, President. PHILANDER BATES, Secretary. 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

3 shares Merchants 1 National Bank, . . . f 300 00 $480 00 

Summary of Assets Dec. 31, 1900. 

Stocks, bonds, etc., as per schedule, . . . f 480 00 

Cash in the office of the company, ... 33 44 

Cash deposited in bank, 440 45 

Premiums in course of collection (gross), . 22 68 

Office furniture, . . . . f 60 00 

Gross assets, $976 57 

Liabilities. 
Unearned premiums on outstanding risks, .... 2,736 58 



Balance against company, $1,760 01 



COTTON AND WOOLEN MANUFACTURERS' INSURANCE CO. 21 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest and dividends received from all sources, 



$117 57 
949 38 



$1,066 
22 


95 
68 


$1,044 
43 


27 
24 



81,001 03 


4 24 


60 08 



Gross cash income, 



$1,065 35 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, 



Gross cash expenditures, 



$890 35 


400 01 


315 45 


10 56 


50 00 


3 50 



$1,669 87 



Risks outstanding Dec. 31, 1899 
Risks written during 1900, 



Risks and Premiums. 

Amount. 

$356,725 00 
61,250 00 



Total, .... 
Risks terminated during 1900, 

In force at end of year, 



$417,975 00 
63,250 00 



$354,725 00 

Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 15, 30 and 50 per cent. 



Cash Prem's. Conting't Prem'a. 

$5,528 62 $15,223 49 

949 38 1,898 76 

$6,478 00 $17,122 25 

985 95 3,077 25 

$5,492 05 $14,045 00 



$409 00 



COTTON AND WOOLEN MANUFACTURERS' MUTUAL INSURANCE 

COMPANY, BOSTON. 

[Incorporated Oct. 19, 1875. Commenced business Oct. 20, 1875.] 
M. V. B. JEFFERSON, President. BENJAMIN TAFT, Secretary. 

Office, SI Milk Street. 
Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Fitchburg R.R. bonds $18,000 00 $20,295 00 

Chicago, Burlington & Quincy R.R. bonds, . 10,000 00 11,000 00 

Metropolitan Street R.R. bonds, . . . 5,000 00 5,175 00 



22 COTTON AND WOOLEN MANUFACTURERS' INSURANCE CO. 



Maine Central R.R. bonds, 
Portland & Ogdensburg R.R. bonds, 
Lynn & Boston Street R.R. bonds, 
Middlesex Street R.R. bonds, . 
Highland Street R.R. bonds, 
South Boston Street R.R. bonds, 
West End Street R.R. bonds, . 
Connecticut River R.R. bonds, . 
Bangor & Aroostook R.R. bonds, 
N. Y., N. H. & Hartford R.R. bonds, 
Watertown town bonds, . 
Taunton city bonds, . 
Chicago (111.) city bonds, . 
Boston & Lowell R.R. bonds, . 
N. Y. Central & Hudson River R.R. bonds, 
Chicago Terminal Transfer R.R. bonds, 
New England Tel. & Tel. Co. bonds, 
American Bell Telephone Co. bonds, 
New England Cotton Yarn Co. bonds, 
American Writing Paper Co. bonds, 
American Tel. & Tel. Co. bonds, 



Par Value. 

$36,000 00 

10,000 00 

10,000 00 

1,000 00 

1,000 00 

5,000 00 

37,000 00 

5,000 00 

15,000 00 

6,000 00 

4,000 00 

10,000 00 

3,000 00 

10,000 00 

15,000 00 

20,000 00 

38,000 00 

15,000 00 

9,000 00 

5,000 00 

10,000 00 



Market Value. 

$40,210 00 

10,925 00 

11,300 00 

1,042 50 

1,015 00 

5,275 00 

39,235 00 

5,025 00 

17,325 00 

7,035 00 

4,185 00 

11,100 00 

3,247 50 

10,425 00 

14,700 00 

19,000 00 

39,300 00 

15,000 00 

9,360 00 

3,500 00 

9,900 00 



$298,000 00 $314,575 00 



Summary of Assets Dec. 31, 1900. 



Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 

Losses adjusted, unpaid, .... 

Unearned premiums on outstanding risks, 

State and local taxes, .... 

Gross liabilities, .... 



Net cash assets, 



$314,575 00 

4,104 27 

37,416 71 

3,785 51 

9,470 46 



$3,943 19 

195,978 60 

886 80 



$369,351 95 



200,808 59 
$168,543 36 



Income. 
Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



$6,377 44 
406,548 87 



Total, $412,926 31 

Premiums now in course of collection, . . 9,470 46 

Entire premiums collected, .... 

Interest and dividends received from all sources, . 

Gross cash income, 



$403,455 85 
12,508 09 

$415,963 94 



DEDHAM MUTUAL FIRE INSURANCE CO. 



23 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for joint office expenses, . 

for inspections, 

for incidentals, 

Gross cash expenditures, . 



$76,643 67 
275,451 59 
9,199 85 
5,190 85 
9,756 10 
10,617 76 
1,763 90 

1388,623 72 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, f 37,845,379 00 $323,370 36 $1,616,851 80 

Risks written during 1900, . 48,962,780 00 406,548 87 2,032,744 35 



Total,. ... .$86,808,159 00 
Risks terminated during 1900, . 41,222,150 00 



$729,919 23 $3,649,596 15 
337,962 03 1,689,810 15 



In force at end of year, 



.145,586,009 00 $391,957 20 $1,959,786 00 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 80 per cent. 



$79,518 00 



DEDHAM MUTUAL FIRE INSURANCE COMPANY, DEDHAM. 

[Incorporated Feb. 22, 1337. Commenced business July 1, 1837.] 
J. WHITE BELCHER, President. JAMES Y. NOYES, Secretary. 

Amount of permanent fund, ....'... $89,765 77 
Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

12 shares Dedham National Bank stock, . $1,200 00 
32 " Dedham Water Co. stock, . . 3,200 00 

128 " Atch., Top. & Santa Fe R.R. stock, . 12,800 00 

50 " Union Pacific Railway stock, . . 5,000 00 

13 " Lombard Liquidation Co. stock, . 65 00 

Boston city bonds, 2,000 00 

Cincinnati city bonds, 6,000 00 

Salem city bonds, 3,000 00 

Lynn city bonds 3,000 00 

Fitchburg R.R. bonds, 5,000 00 

Boston & Lowell R.R. bonds, .... 11,000 00 

Kan. City, St. Jos. & Coun. Bluffs R.R. bonds, 2,000 00 

Atch., Topeka & Santa Fe R.R. bonds, . . 12,000 00 

Lombard Investment Co. bonds, . . . 1,580 00 

New England Mortgage Security Co. bonds, . 2,000 00 



Market Value. 

$1,200 00 
3,200 00 
8,880 00 
4,000 00 
65 00 
2,240 00 
6,300 00 
3,150 00 
3,360 00 
5,357 50 

12,346 25 
2,300 00 

11,440 00 

400 00 

1,700 00 



24 



DEDHAM MUTUAL FIRE INSURANCE CO. 



Newport & Richford R.R. bonds, 
Philadelphia & Reading R.R. bonds, 
Union Pacific Railway bonds, . 
St. Johnsbury & Lake Champlain R.R. bonds 
N. Y., New Haven & Hartford R.R. bonds, 
N. H. Trust Co. bonds, .... 
Western Security Co. bonds, . 

Eastern R.R. bonds, 

Boston & Maine R.R. bonds, 



Par Value. 

88,000 00 
5,000 00 
3,500 00 
6,000 00 
5,000 00 
3,500 00 
6,000 00 
1,000 00 
6,000 00 



Market Value. 

$8,856 25 
6,350 00 
3,500 00 
7,500 00 
5,450 00 
2,000 00 
1,200 00 
1,130 00 
7,500 00 



§113,845 00 $109,425 00 



Summary of Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *), $38,300 00 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses claimed and reported, .... 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Profits or surplus on terminated policies, unpaid, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, .... 
Gross liabilities, 

Net cash assets, $103,026 19 



Income. 

Premiums outstanding Dec. 31, 1899, . . $2,344 64 

Premiums on risks written or renewed, . . 31,473 17 

Total, $33,817 81 

Premiums now in course of collection, . . 3,372 76 

Entire premiums collected, .... $30,445 05 
Less reinsurance and return premiums, . . 368 43 

Net cash premiums received, .... 

Interest received on mortgages, 

Interest and dividends received from all other sources. . 

Gross cash income, 



1,100 64 




109,425 00 




836 66 




1,745 12 




1,238 92 




3,372 76 






$156,019 10 




$120 80 




49,647 24 




122 98 




2,470 98 




125 00 




505 91 






52,992 91 





830,076 62 
2,064 46 
4,872 89 

637,013 97 



* Value of lands mortgaged $25,600 00 

Value of buildings thereon, 47,500 00 

Amount of insurance held as collateral, .... 47,65000 



DORCHESTER MUTUAL FIRE INSURANCE CO. 



25 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $6,141,945 00 
Risks written during 1900, . 2,012,285 00 

Total, . . . 
Risks terminated during 1900, . 1,899,453 00 

In force at end of year, 



Cash Prem's. 

$95,606 96 
31,473 17 



,154,230 00 $ 127,080 13 
30,293 41 



$11,558 43 

14,243 07 

4,406 47 

4,496 42 

358 14 

145 00 

901 76 

$36,109 29 



Conting't Prem's. 

$95,606 96 
31,473 17 

$127,080. 13 
30,293 41 



,254,777 00 $96,786 72 $96,786 72 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 25, 50 and 70 per cent. 



$11,679 00 



DORCHESTER MUTUAL FIRE INSURANCE COMPANY, 

BOSTON. 

[Incorporated February, 1855. Commenced business July, 1855] 
THOMAS F. TEMPLE, President. W. D. C CURTIS, Secretary. 

Office, Neponset. 
Amount of permanent fund, $200,000 00 



Detailed Statement of Stocks, 



Fitchburg R.R. bonds, .... 
Chicago, Burlington & Quincy R.R. bonds, 

56 shares Blue Hill National Bank, 

12 ' 

10 ' 

33 ' 

10 ' 
5 ' 

10 ' 
304 
273 

75 



Hide and Leather National Bank, 
New England National Bank, 
State National Bank, 
Mt. Wollaston National Bank, 
Granite National Bank, . 
Weymouth National Bank, 
Boston & Albany Railroad, 
Old Colony Railroad, 
Boston & Maine Railroad, 



Bonds, etc. 

Par Value. 

$22,000 00 

10,000 00 

5,600 00 

1,200 00 

1,000 00 

3,300 00 

1,000 00 

500 00 

1,000 00 

30,400 00 

27,300 00 

7,500 00 



Market Value. 

$24,557 50 

11,062 50 

5,880 00 

1,368 00 

1,550 00 

3,795 00 

1,400 00 

650 00 

1,000 00 

77,520 00 

55,692 00 

14,700 00 



26 



DORCHESTER MUTUAL FIRE INSURANCE CO. 



56 shares Boston & Lowell Railroad, 
123 " Boston Lead MTg Co., . 
300 " International Trust Co., . 



Par Value. 

$5,600 00 
12,300 00 
30,000 00 



Market Value. 

$13,552 00 
12,300 00 
90,000 00 



$158,700 00 $315,027 00 



Summary of Assets Dec. 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Interest due and accrued, ....'. 
Premiums in course of collection (gross), 

Rents due and accrued, 

Prem's more than three mos. due, $2,125 10 
Gross assets, 

Liabilities. 
Losses claimed and reported, .... 
Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid, 
Due for borrowed money, .... 
Commissions and brokerage, .... 
Gross liabilities, 



31, 



1900. 

$22,000 00 

21,588 13 

1,400 00 

315,027 00 

250 00 

18,433 84 

120 00 



$378,818 97 



$3,525 00 

226,668 47 

2,250 00 

16,201 31 

2,681 60 



251,326 38 



Net cash assets, $127,492 59 



Income. 

Premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, . . . . • . 
Premiums now in course of collection* . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from borrowed money . 



Gross cash income, $159,819 08 



$16,659 52 
1,350 00 

$15,309 52 
154,302 14 

$169,611 66 
20,558 94 

$149,052 72 
3,548 36 



sources, 



$145,504 36 

758 03 

753 84 

11,677 85 

1,125 00 



$1,201 31 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$17,000 00 
20,400 00 
19,000 00 



FALL RIVER MANUFACTURERS' MUTUAL INSURANCE CO. 27 



Expenditures. 

Cash paid for losses, ..... 
as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for repairs on real estate, 

for interest on borrowed money, 

for incidentals, 



Gross cash expenditures, 

Risks and Premiums. ' 

Amount. Cash Prem's. 

Risks outstanding Dec. 31, 1899, $29,803,506 00 $ 459,483 85 
Risks written during 1900, . 9,801,099 00 154,302 14 



$60,348 30 


64,023 


29 


23,725 


08 


9,043 87 


2,900 


33 


695 00 


657 


90 


691 


67 


2,336 


12 


$164,421 


56 


Conting't Prem's. 


|459,483 


85 


154,302 


14 



Total, $39,604,605 00 $613,785 99 

Risks terminated during 1900, . 10,287,170 00 158,041 68 



In force at end of year, . 
Deduct amount reinsured, 



,317,435 00 $455,744 31 
28,550 00 291 15 



$613,785 99 

158,041 68 

$455,744 31 

291 15 



Net amount in force, . . $29,288,885 00 $455,453 16 $455,453 16 

Miscellaneous. 

Losses incurred during the year, $61,588 00 

Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



FALL RIVER MANUFACTURERS' MUTUAL INSURANCE 
COMPANY, FALL RIVER. 

[Incorporated Feb. 11, 1870. Commenced business May 1, 1870.] 

THOMAS J. BORDEN, President. CHARLES S. WARING, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

Taunton city bonds, $15,000 00 



Fall River city bonds, 
Boston city bonds, 
Newport (R. I.) city bonds, 
Cleveland (O.) city bonds, 
Boston & Lowell R.R. bonds, 
Boston & Providence R.R. bonds, 
Concord & Montreal R.R. bonds, 



21,000 00 
40,000 00 
20,000 00 
25,000 00 
30,000 00 
20,000 00 
15,000 00 



Market Value. 

$17,025 00 
23,505 00 
43,600 00 
22,700 00 
28,375 00 
31,300 00 
22,300 00 
16,575 00 



28 FALL RIVER MANUFACTURERS' MUTUAL INSURANCE CO. 



Chicago, Burlington & Quincy R.R. bonds, 
Phila., Wilmington & Baltimore R.R. bonds, 
Old Colony R.R. bonds, .... 
Boston & Maine R.R. bonds, 
West End Street Railway bonds, 



Par Value. 

$15,000 00 
20,000 00 
30,000 00 
10,000 00 
15,000 00 



Market Value. 

116,650 00 
22,000 00 
34,650 00 
11,650 00 
15,900 00 



$276,000 00 $306,230 00 



Summary of Assets Dec. 31, 1900. 



Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$306,230 00 

575 10 

54,897 51 

3,890 92 

2,177 10 



£367,770 63 



Liabilities. 

Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, 



$160,021 88 
654 86 



160,676 74 



Net cash assets, $207,093 89 

Income. 

Premiums outstanding Dec. 31, 1899, . . 83,928 40 

Premiums on risks written or renewed, . . 334,914 25 

Total, $338,842 65 

Premiums now in course of collection, . . 2,177 10 

Entire premiums collected, .... $336,665 55 
Less reinsurance and return premiums, . . 13,293 32 

Net cash premiums received, .... $323,372 23 

Interest and dividends received from all sources, . . . 12,756 55 

Gross cash income, $336,128 78 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for inspections, .... 
for incidentals, .... 



$23,146 48 

267,314 83 

11,457 63 

3,183 96 

504 00 

5,013 96 

2,179 04 



Gross cash expenditures, 



$312,799 90 



FITCHBURG MUTUAL FIRE INSURANCE CO. 



29 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $37,141,127 00 
Risks written during 1900, . 42,911,539 00 



Cash Prem's. Conting't Prem's. 

$296,121 14 $1,480,605 70 
334,914 25 1,674,571 25 



Total, $80,052,666 00 

Risks terminated during 1900, . 39,288,704 00 



$631,035 39 $3,155,176 95 
310,991 64 1,554,958 20 



In force at end of year, 



.$40,763,962 00 $320,043 75 $1,600,218 75 



Miscellaneous. 

Losses incurred during the year, . . 

Profits or surplus returned during 1900, 89^% per cent. 



$23,146 00 



FITCHBURG MUTUAL FIRE INSURANCE COMPANY, 

FITCHBURG. 



[Incorporated March 23, 1847. 
HENRY G. MORSE, President. 

Amount of permanent fund, 



Commenced business Sept. 1, 1847.] 

LINCOLN R. WELCH, Secretary. 



Detailed Statement of Stocks, 



Fitchburg & Leominster St. Railway bonds, 

Investment Trust Co. of America bonds, . 

Minnesota Thresher Manufacturing Co. bonds 

City of Fitchburg water bonds, 

10 shares Fitchburg National Bank, 

20 

70 

15 

25 

25 

10 



Rollstone National Bank, . 

Fitchburg R.R. Co., . 

Springfield Safe Dep. & Trust Co., 

Pullman Palace Car Co., . 

N. Y., New Haven & Hartford R.R., 

Boston & Maine R.R., 



Bonds, etc. 

Par Value. 

$5,000 00 
7,500 00 

24,000 00 
5,000 00 
1,000 00 
2,000 00 
7,000 00 
1,500 00 
2,500 00 
2,500 00 
1,000 00 



,226 50 



Market Value. 

$5,500 00 
5,000 00 

24,000 00 
5,000 00 
1,500 00 
3,000 00 
9,800 00 
2,400 00 
5,000 00 
5,275 00 
1,950 00 



Securities held as collateral for cash loans : — 

80 shares Simonds' Manufacturing Co., . 
2 Fitchburg Savings Bank books, . 



$59,000 00 $68,425 00 

Market Value. Loaned Thereon. 

$12,000 00 $6,200 00 

1,659 00 1,600 00 



$13,659 00 $7,800 00 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $70,000 00 
Loans on mortgage of real estate (first liens *), 34,425 00 

* Value of lands mortgaged, $21,600 00 

Value of buildings thereon, . 42,100 00 

Amount of insurance held aa collateral, .... 39,040 00 



30 



FITCHBURG MUTUAL FIRE INSURANCE CO. 



Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$1,141 47 

68,425 00 

7,800 00 

3,021 42 

14,742 92 

1,809 57 

10,138 85 

222 38 



$211,726 61 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid 
Due for borrowed money, 
Commissions and brokerage, . 

Gross liabilities, 



Net cash assets, 



$5,195 38 

987 75 

121,407 01 

1,758 62 

10,000 00 

1,520 83 



140,869 59 
$70,857 02 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Gross cash income, .... 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, .... 

Cash paid as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for incidentals, .... 



Gross cash expenditures, 



$12,204 19 
97,524 88 

$109,729 07 
10,138 85 

$99,590 22 
4,382 40 



sources, 



$44,297 22 
1,284 78 



$95,207 82 

353 51 

1,937 90 

(3,372 37 

3,698 49 

$104,570 09 



$43,012 44 

22,726 30 

14,837 98 

7,116 59 

2,163 98 

1,200 00 

11,370 37 

$102,427 66 



GROVEL AND MUTUAL FIRE INSURANCE CO. 



31 



Risks and Premiums. 

Amount. Cash Prem's. 

Risks outstanding Dec. 31, 1899, $18,243,804 00 $244,793 46 
Risks written during 1900, . 6,936,158 00 97,524 88 



Total, $25,179,962 00 $342,318 34 

Risks terminated during 1900, . 7,186,841 00 103,151 84 



In force at end of year, . . $17,993,121 00 $239,166 50 
Deduct amount reinsured, . 154,033 00 2,225 04 



Conting't Prem's. 

$244,793 46 
97,524 88 

$342,318 34 
103,151 84 

$239,166 50 
2,225 04 



Net amount in force, . . $17,839,088 00 . $236,941 46 $236,941 46 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 20 and 50 per cent. 



$46,263 00 



GROVELAND MUTUAL FIRE INSURANCE COMPANY, 

GROVELAND. 

[Incorporated March 28, 1828. Commenced business March 28, 1828.] 

HERSCHEL A. SPOFFORD, President. LOUIS A. WOODBURY, Secretary. 

[Note. — This company charges no cash premiums, but relies upon assessments on 
deposit notes to pay losses and expenses.] 



Summary of Assets Dec. 31, 1900. 
Cash deposited in bank, 



Income. 

Interest and dividends received from all sources, . 

Income from policy fees, 

Assessments on deposit notes, 



Gross cash income, 



$435 92 



$32 88 
560 00 
563 69 

$1,156 57 



Expenditures. 
Cash paid for losses, ... 

for salaries of officers and employees, 

for State and local taxes, 

for rents, . 
Assessments returned, 
Cash paid for incidentals, 
Office furniture, 

Gross cash expenditures, . 





$187 77 




609 69 




4 48 




40 00 




420 05 




73 47 


. $175 77 





$1,335 46 



32 



HAMPSHIRE MUTUAL FIRE INSURANCE CO. 



Risks outstanding Dec. 31, 1899, 
Risks written during 1900, 



Risks and Premiums. 

Amount. Conting't Prem'«. 

. 11,753,790 00 $126,097 11 

423,969 00 33,122 15 



Total, .... 
Risks terminated during 1900, 

In force at end of year, 



£2,177,759 00 $159,219 26 
549,736 00 40,523 90 



$ 1,628,023 00 §118,695 36 



Miscellaneous. 

Losses incurred during the year, 

Assessments laid on deposit notes or contingent premiums, 



$188 00 
564 00 



HAMPSHIRE MUTUAL FIRE INSURANCE COMPANY, 
NORTHAMPTON. 

[Incorporated March 6, 1S30. Commenced business July 1, 1832.] 

CHARLES N. CLARK, President. OLIVER WALKER, Secretary. 



Amount of permanent fund, 



$27,523 66 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

63 shares Conn. River R.R., .... $6,300 00 

10 " Northampton National Bank, . . 1,000 00 

25 " Chicago, Burl. & Quincy R.R., . . 2,500 00 

Chicago, Burlington & Quincy R.R. bonds, . 400 00 

Conn. River R.R. scrip dividend, . . . 1,000 00 



Market Value. 

$17,199 00 

2,000 00 

3,550 00 

568 00 

1,000 00 



$11,200 00 $24,317 00 



Summary of Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *), $19,200 00 

Interest due or accrued thereon, . . . 462 26 

Stocks, bonds, etc., as per schedule, . . . 24,317 00 

Cash in the office of the company, ... 18 14 

Cash deposited in bank, 3,008 71 

Interest due and accrued, 408 91 

Gross assets, 647,415 02 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



811,000 00 
30,000 00 
24,700 00 



HAMPSHIRE MUTUAL FIRE INSURANCE CO. 



33 



Liabilities. 

Unearned premiums on outstanding risks, . $ 28,123 25 

Profits or surplus on terminated policies, unpaid, 184 55 

Due and accrued for rent, salaries, etc., . 28 00 

State and local taxes, ..... 30 40 

Gross liabilities, 



#28,366 20 



Net cash assets, $19,048 82 



Income. 

Premiums on risks written or renewed, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other sources, 

Gross cash income, . 



$16,926 39 
253 66 


$16,672 73 

76 72 

860 00 

974 53 


• • 

irces, . 


• 




$18,583 98 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for incidentals, 

Gross cash expenditures, .... 







$4,448 81 






6,404 46 






2,056 90 






1,461 00 






163 91 






150 00 






280 27 


. 


$14,965 35 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $3,701,007 00 $52,583 72 $52,583 72 

Risks written during 1900, . 1,037,148 00 16,926 39 16,926 39 



In force at end of year, . . $3,655,216 00 $53,769 48 



Total $4,738,155 00 $69,510 11 $69,510 11 

Risks terminated during 1900, . 1,082,939 00 15,740 63 15,740 63 



,769 48 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 20, 40 and 50 per cent. 



$3,957 00 



34 



HINGHAM MUTUAL FIRE INSURANCE CO. 



HINGHAM MUTUAL FIRE INSURANCE COMPANY, HINGHAM. 

[Incorporated March 4, 1826. Commenced business Sept. 1, 1826.] 
WM. FEARING, 2d, President. HENRY W. CUSHING, Secretary. 

Amount of permanent fund, $193,042 98 



Detailed Statement of Stocks, 

30 shares Hingham National Bank, Hingham 

60 ' 

8 " 

12 ■ 

34 ■ 

11 « 

30 ■ 

50 ' 

92 ' 

109 ' 

33 • 

25 ' 



4 Old Colony Nafl Bank, Plymouth 
' Abington Nat'l Bank, Abington, 
' Union National Bank, Boston, 

• State National Bank, Boston, . 
' Commerce National Bank, Boston 
1 Webster National Bank, Boston, 
' Hingham Water Company, 
' Old Colony Railroad, 

• Boston & Albany Railroad, 

* Chicago, Burlington & Quincy R.R. 

* Union Pacific R.R., . 
Eastern Railroad bonds, .... 
Union Pacific Railroad bonds, . 

Chicago, Burlington & Quincy Railroad bonds 
Fitchburg Railroad bonds, 
Hingham Water Company bonds, . 

Securities held as collateral for cash loans : 

200 shares Helena Water Co., . 

Helena Water Co. scrip, .... 

200 shares Metropolitan Steamship Co., . 

210 " Massachusetts Electric Co., . 

International Paper Co. bonds, 

300 shares International Paper Co. stock, 

Little Rock and Fort Smith bonds, . 

Colorado Southern R.R. bonds, 

48 shares Colorado Southern R.R. stock, . 



:i 



Bonds, etc. 

Par Value. 

$3,000 00 
6,000 00 
800 00 
1,200 00 
3,400 00 
1,100 00 
3,000 00 
5,000 00 
9,200 00 

10,900 00 
3,300 00 
2,500 00 
5,000 00 
5,000 00 
5,000 00 

15,000 00 

10,000 00 



Market Value. 

$3,120 00 

7,500 00 

840 00 

1,620 00 

3,706 00 

1,265 00 

3,000 00 

6,000 00 

18,860 00 

27,795 00 

4,884 00 

2,100 00 

5,700 00 

5,287 50 

5,400 00 

15,750 00 

10,500 00 



$89,400 00 $123,327 50 



Market Value. 

$20,000 00 

70,000 00 
11,745 00 



Loaned Thereon. 

$15,923 11 

25,000 00 
8,000 00 



32,700 00 25,000 00 



16,956 00 12,000 00 



$151,401 00 $85,923 11 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $31,687 10 

Loans on mortgage of real estate (first liens *), 113,475 00 

Interest due or accrued thereon, . . . 1,545 95 

Stocks, bonds, etc., as per schedule, . . 123,327 50 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



856,250 00 
149,100 00 
124,300 00 



HINGHAM MUTUAL FIRE INSURANCE CO. 



35 



Loans on collateral security, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Rents due and accrued, 
Gross assets, 

Liabilities. 

Losses adjusted, unpaid, 

Losses claimed and reported, .... 
Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid, 
Gross liabilities, 



,923 11 

264 78 

10,664 28 

1,101 61 

192 00 



$2,075 00 

254 60 

191,376 95 

3,348 08 



$368,181 33 



197,054 63 



Net cash assets $171,126 70 

Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



41 

79,778 70 

$79,867 11 
3,017 49 



sources, 



Gross cash income, .... 

Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, 

Risks and Premiums. 

Amount. Cash Prem's. 

Risks outstanding Dec. 31, 1899, $27,916,412 00 $414,785 38 
Risks written during 1900, . 5,308,595 00 79,778 70 



$76,849 62 

1,568 97 

5,584 01 

9,762 51 

828 90 

$94,594 01 



Total, $33,225,007 00 

Risks terminated during 1900, . 5,517,906 00 



$494,564 08 
82,614 74 



$38,386 50 

44,295 43 

11,524 79 

6,379 86 

1,440 21 

1,931 38 

$103,958 17 



Conting't Prem's. 

$414,785 38 
79,778 70 

$494,564 08 
82,614 74 



In force at end of year, . . $27,707,101 00 

Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 40 and 60 per cent. 



$411,949 34 $411,949 34 



$38,515 00 



36 



HOLYOKE MUTUAL FIRE INSURANCE CO. 



HOLYOKE MUTUAL FIRE INSURANCE COMPANY, SALEM. 

[Incorporated March 14, 1843. Commenced business May 23, 1843.] 
CHARLES H. PRICE, President. LOUIS O. JOHNSON, Secretary. 

Guaranty Capital, $100,000. 

Amount of permanent fund, $494,105 40 



Detailed Statement of 

Allen County (Ind.) bonds, 
Wayne County (Mich.) bonds, . 
Marion County (Ind.) bonds, . 
Washington County (111.) bonds, 
Billerica (Mass.) town bonds, . 
Cincinnati (Ohio) city bonds, . 
Columbus (Ohio) city bonds, . 
Cleveland (Ohio) city bonds, . 
Cambridge (Mass.) city bonds, 
Dayton (Ohio) city bonds, 
Evansville (Ind.) city bonds, . 
Dover (N. H.) city bonds, 
Fitchburg (Mass.) city bonds, . 
Jersey City (N. J.) city bonds, 
Lynn (Mass.) city bonds, . 
Lawrence (Mass.) city bonds, . 
Maiden (Mass.) city bonds, 
New Haven (Conn.) city bonds, 
Orange (N. J.) city bonds, 
Pawtucket (R. I.) city bonds, . 
Province of Quebec bonds, 
St. Paul (Minn.) city bonds, 
Boston & Lowell R.R. bonds, . 
Atch., Topeka & Santa Fe R.R. bonds, 
Boston & Maine R.R. bonds, . 
Baltimore & Ohio R.R. bonds, . 
Burl. & Missouri River R.R. (Neb.) bonds, 
Cincin., Hamilton & Dayton R.R. bonds, 
Chesapeake & Ohio R R. bonds, 
Cleveland, L. & Wheeling R.R. bonds, 
Chicago & Alton R R. bonds, . 
Chicago & Eastern Illinois R.R. bonds, 
Chicago & West Indiana R.R. bonds, 
Central Pacific R.R. bonds, 
Central New Jersey R.R. bonds, 
Central Vermont R.R. bonds, . 
Erie & Pittsburg R.R. bonds, . 



Stocks, Bonds, etc. 

Par Value. 

$10,000 00 
10,000 00 
5,000 00 
2,000 00 
1,000 00 
16,000 00 
15,000 00 
8,000 00 
5,000 00 
10,000 00 
6,000 00 
5,000 00 
2,000 00 
5,000 00 
12,000 00 
5,000 00 
10,000 00 
5,000 00 
10,000 00 
10,000 00 
3,000 00 
25,000 00 
6,000 00 
14,000 00 
10,000 00 
12,000 00 
10,000 00 
10,000 00 
10,000 00 
15,000 00 
5,000 00 
5,000 00 
8,000 00 
3,500 00 
7,000 00 
2,000 00 
5,000 00 



Market Value. 

$10,000 00 
10,500 00 
5,250 00 
2,037 50 
1,000 00 
17,152 50 
16,375 00 
8,590 00 
5,693 75 
10,181 25 
6,270 00 
5,150 00 
2,040 00 
5,750 00 
12,940 00 
5,681 25 
10,475 00 
5,131 25 
12,050 00 
11,100 00 
3,270 00 
29,287 50 
6,565 00 
14,350 00 
10,275 00 
11,600 62 
10,050 00 
10,800 00 
11,600 00 
16,500 00 
5,237 50 
5,625 00 
9,520 00 
3,458 75 
9,065 00 
1,820 00 
5,125 00 



HOLYOKE MUTUAL FIRE INSURANCE CO. 



37 



Fitchburg R.R. bonds, 

Housatonic R.R. bonds, 

Jackson, Lansing & Saginaw R.R. bonds 

Kan. City, St. Jos. & C. B. B.R. bonds, 

Kan. City, Ft. S. & Memphis R.R. bonds, 

Lehigh Valley R.R. bonds, 

Maine Central R.R. bonds, 

Norwich & Worcester R.R. bonds, 

New England R.R. bonds, 

Narragansett Pier R.R. bonds, . 

New Haven & Derby R.R. bonds, 

Northwestern Union R.R. bonds, 

N. Y., Ontario & Western R.R. bonds, 

St. Paul, Minn. & Manitoba R.R. bonds, 

Old Colony R.R. bonds, . 

Terre Haute & Southeastern R.R. bonds, 

Union Pacific R.R. bonds, .... 

Boston Building Co., Denver, Col., bonds, 

Col. M. S. Exchange, Denver, Col., bonds, 

Delaware & Hudson Canal Co. bonds, 

Keokuk Water Co. bonds, 

Western Union Telegraph Co. bonds, 

American Mail Steamship Co. bonds, 

American Cotton Oil Co. bonds, 

Clinton Water Co. bonds (Clinton, la.), . 
5 shares Boston & Maine R.R., 
31 " Old Colony R.R., . 
55 " N. Y., New Haven & Hart. R.R., 

100 " Pitts., Ft. Wayne & Chic. R.R., 

162 " Union Pacific R.R., . 
10 " First National Bank, Salem, . 
10 " Merchants' National Bank, Salem, 
35 " Mercantile National Bank, Salem, 
41 " Naumkeag National Bank, Salem, 

140 " Salem National Bank, Salem, 

30 " Atlantic National Bank, Boston, 
10 " Blackstone National Bank, Boston 

31 " Freeman's National Bank, Boston, 
100 " Merchants 1 National Bank, Boston 

50 " Republic National Bank, Boston, 
10 " Shawmut National Bank, Boston, 
100 " Second National Bank, Boston, 
40 u Shoe & Leather Nat'l B'k, Boston, 
10 " Beverly National Bank, Beverly, 
12 " First National B'k, Newburyport, 
National Exchange Bank, Salem, 
H. B. Claflin Co. 



Par Value. 

$10,000 00 

10,000 00 

6,000 00 

5,000 00 

13,000 00 

15,000 00 

4,000 00 

5,000 00 

25,000 00 

10,000 00 

20,000 00 

8,000 00 

20,000 00 

10,000 00 

15,000 00 

5,000 00 

22,500 00 

10,000 00 

10,000 00 

5,000 00 

10,000* 00 

5,000 00 

4,000 00 

10,000 00 

5,000 00 

5,000 00 

3,100 00 

5,500 00 

10,000 00 

16,200 00 

1,000 00 

500 00 

3,500 00 

4,100 00 

14,000 00 

3,000 00 

3,100 00 
10,000 00 
5,000 00 
1,000 00 
10,000 00 
4,000 00 
1,000 00 
1,200 00 

2,000 00 



Market Value. 

$10,875 00 

13,500 00 

6,030 00 

5,800 00 

14,950 00 

16,800 00 

4,500 00 

5,662 50 

33,000 00 

10,700 00 

22,900 00 

11,440 00 

21,300 00 

11,425 00 

16,825 00 

5,250 00 

23,765 62 

10,000 00 

10,000 00 

7,193 75 

10,000 00 

5,550 00 

4,000 00 

9,975 00 

5,125 00 

9,750 00 

6,293 00 

11,632 50 

18,700 00 

13,770 00 

800 00 

650 00 

3,605 00 

5,130 12 

12,600 00 

3,483 75 

150 00 

3,100 00 

16,500 00 

7,000 00 

1,700 00 

17,500 00 

5,220 00 

1,432 50 

1,500 00 

600 00 

2,040 00 



,200 00 $767,240 61 



38 



HOLYOKE MUTUAL FIRE INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 

Liabilities 

Losses adjusted, unpaid, .... 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Profits or surplus on terminated policies, unpaid, 
Commissions and brokerage, . 



$60,360 00 


43,500 00 


368 59 


767,240 61 


2,708 67 


8,028 58 


8,426 07 


609 47 


30 00 


tqqi 071 no 




$154 50 


200 00 


281,083 39 


454 84 


a, 1,371 16 


178 40 



Gross liabilities, except guaranty capital, 

Guaranty capital, 

Total, 



$283,442 29 
100,000 00 



383,442 29 



Net cash assets, $507,829 70 



Income. 
Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



$2,975 49 
152,619 89 

$155,595 38 
609 47 

$154,985 91 
5,816 97 



sources, 



Expenditures. 

Cash paid for losses, 

Deduct salvage and reinsurance, 

Net cash paid for losses, .... 



347,834 31 
43 56 



$149,168 94 

374 79 

1,342 73 

32,282 22 

2,238 30 

$185,406 98 



$47,790 75 



* Value of lauds mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$34,500 00 
S^500 00 
57,450 00 



INDUSTRIAL MUTUAL INSURANCE CO. 



39 



Cash paid as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 
for dividends to guaranty capital, . 
for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $39,696,614 00 
Risks written during 1900, . 10,259,909 00 



$71,045 29 

22,908 90 

16,181 38 

2,706 80 

7,000 00 

5,338 64 

$172,971 76 



Cash Prem'8. Conting't Prem's. 

$570,701 70 $570,701 70 
152,619 89 152,619 89 



Total, . . . . . $49,956,523 00 
Risks terminated during 1900, . 10,540,363 00 



$723,321 59 $723,321 59 
155,856 22 155,856 22 



In force at end of year, . 
Deduct amount reinsured, 



.$39,416,160 00 
156,142 00 



$567,465 37 $567,465 37 
2,386 19 2,386 19 



Net amount in force, . . $39,260,018 00 

Miscellaneous. 
Losses incurred during the year, 



$565,079 18 $565,079 18 
. $47,981 00 



Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



INDUSTRIAL MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated April 17, 1890. Commenced business June 1, 1890.] 
"B. F. TAFT, President. BENJAMIN TAFT, Secretary. 

Office, 31 Milk Street. 
Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

West End Street R.R. bonds, .... $40,000 00 $43,200 00 

Fitchburg R.R. bonds, 20,000 00 21,875 00 

Lynn & Boston R.R. bonds, .... 5,000 00 5,650 00 

Maine Central R.R. bonds, .... 15,000 00 16,200 00 

Connecticut River R.R. scrip, .... 5,000 00 5,025 00 

N. Y., N. H. & Hartford R.R. bonds, . . 2,000 00 2,345 00 

Watertown town bonds 3,000 00 3,138 75 

Taunton city bonds, 5,000 00 5,550 00 

Boston & Lowell R.R. bonds, .... 5,000 00 5,212 50 

N. Y. Central & Hudson River R.R. bonds, . 10,000 00 9,800 00 

Chicago Terminal Transfer R.R. bonds, . . 10,000 00 9,500 00 

N. E. Telephone & Telegraph Co. bonds, . 35,000 00 36,950 00 

New England Cotton Yarn Co. bonds, . . 9,000 00 9,360 00 

American Writing Paper Co. bonds, . . 20,000 00 14,000 00 

Corporation note, 17,500 00 17,500 00 

American Telephone and Telegraph Co. bonds, 7,000 00 6,930 00 



$208,500 00 $212,236 25 



40 



INDUSTRIAL MUTUAL INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 



Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, . , 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 

Losses adjusted, unpaid, .... 

Unearned premiums on outstanding risks, 

State and local taxes, .... 

Gross liabilities, 

Net cash assets, 

Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



$212,236 25 

275 28 

21,142 85 

3,306 59 

7,045 86 



$2,852 35 

111,408 29 

572 89 



$244,006 83 



114,833 53 
$129,173 30 



$4,467 82 
269,252 05 



Total, $273,719 87 

Premiums now in course of collection, . . 7,045 86 

Entire premiums collected, .... 

Interest and dividends received from all sources, . 



$266,674 01 
8,569 61 



Gross cash income, $275,243 62 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 
for joint office expenses, . 
for inspections, 
for incidentals, 

Gross cash expenditures, . 

Risks and Premiums. 

Amount. Cash Prem's. 

Risks outstanding Dec. 31, 1899, $24,714,364 00 $199,008 54 
Risks written during 1900, . 32,250,593 00 269,252 05 



Total, $56,964,957 00 

Risks terminated during 1900, . 27,214,717 00 



$468,260 59 
245,444 01 



$51,801 37 
177,586 23 
5,394 79 
2,999 56 
11,549 28 
4,474 97 
1,264 14 

$255,070 34 



Conting't Prem's. 

$995,042 70 
1,346,260 25 

$2,341,302 95 
1,227,220 05 



In force at end of year, . . $29,750,240 00 

Miscellaneous. 

Losses incurred during the year, .... 
Profits or surplus returned during 1900, 80 per cent. 



$222,816 58 $1,114,082 90 



$53,650 00 



LOWELL MUTUAL FIRE INSURANCE CO. 



41 



LOWELL MUTUAL FIRE INSURANCE COMPANY, LOWELL. 

[Incorporated March 6, 1832. Commenced business April, 1832.] 
JAMES C. ABBOTT, President. JOSEPH PEABODY, Secretary. 



Amount of permanent fund Dec. 31, 1899, 
Increase during the year, .... 



Permanent fund Dec. 31, 1900, . 

Detailed Statement of Stocks, 



United States bonds, .... 
Boston & Lowell R.R. bonds, . 
Fitchburg R.R. bonds, 
Central R.R. of Vermont bonds, 
Boston city bond, .... 
Maine Central R.R. bonds, 

30 shares Lowell Bleachery, . 
2 " Pacific Mills, . 

10 " Lawrence Manufacturing Co., 
2 " Hamilton Manufacturing Co., 

50 " Massachusetts Cotton Mills, 

36 " Appleton Co., . 
132 " Merrimack Manufacturing Co. 

,50 " Franklin Manufacturing Co., 

30 " Hill Manufacturing Co., 
6 " Vermont & Massachusetts R.R., 

30 " Boston & Maine R.R., . 

20 " Boston & Lowell R.R., . 

20 " First National Bank, Lowell, 

65 " Lowell & Andover R.R., . 

70 " Bigelow Carpet Co., 

50 " American Woolen Co., . 



Bonds, etc. 

Par Value. 

$1,000 00 
12,000 00 
10,000 00 
1,000 00 
2,000 00 
6,000 00 
3,000 00 
2,000 00 
1,000 00 
2,000 00 
5,000 00 
3,600 00 
13,200 00 
5,000 00 
3,000 00 
600 00 
3,000 00 
2,000 00 
2,000 00 
6,500 00 
7,000 00 
5,000 00 



$95,219 37 
5,262 87 

$100,482 24 



Market Value. 

$1,120 00 

12,885 00 

10,722 00 

917 00 

2,120 00 

6,420 00 

2,100 00 

3,900 00 

1,505 00 

1,710 00 

5,000 00 

4,320 00 

14,388 00 

5,100 00 

1,252 00 

1,026 00 

5,880 00 

4,840 00 

3,000 00 

13,975 00 

5,950 00 

3,900 00 



$95,900 00 $112,030 00 



Summary of Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *), $16,350 00 

Interest due or accrued thereon, . . . 224 00 

Stocks, bonds, etc., as per schedule, . . . 112,030 00 

Cash in the office of the company, . . . 605 02 

Cash deposited in bank, 32,176 09 

Interest due -and accrued, 1,875 50 

Premiums in course of collection (gross), . 6,076 11 

Gross assets, $169,336 72 

* Value of lands mortgaged, j. $20,000 00 

Value of buildings thereon, ' 20,000 00 

Amount of insurance held as collateral 16,500 00 



42 



LOWELL MUTUAL FIRE INSURANCE CO. 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid 
Commissions and brokerage, . 

Gross liabilities, 



Net cash assets, 



$1,158 25 

66,955 32 

1,588 56 

826 38 



$70,528 51 
$98,808 21 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from agency department, 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employ 
for State and local taxes, 
for rents, .... 
for incidentals, 



Gross cash expenditures, . 



$6,154 68 
44,158 27 

$50,312 95 
6,076 11 

$44,236 84 
778 39 



sources, 



ees, 



$43,458 


45 


137 


51 


788 00 


5,907 


03 


1,555 56 


151,846 55 


111,151 


99 


16,221 


98 


5,540 


76 


6,030 87 


551 


60 


650 00 


1,825 


02 


$41,972 


22 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $7,963,348 00 $127,506 39 f 127,506 39 

Risks written during 1900, . 2,846,730 00 44,158 27 44,158 27 



Total, $10,810,078 00 $171,664 66 $171,664 66 

Risks terminated during 1900, . 2,470,084 00 39,537 91 * 39,537 91 

In force at end of year, . . $8,339,994 00 $ 132,126 75 $132,126 75 

Deduct amount reinsured, . 47,612 00 607 98 607 98 



Net amount in force, . 



1,292,382 00 $131,518 77 $131,518 77 



LUMBER MUTUAL FIRE INSURANCE CO. 



43 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 25, 50 and 70 per 
cent., and 20, 40 and 60 per cent. 



$11,100 00 



LUMBER MUTUAL FIRE INSURANCE COMPANY, BOSTON. 

[Incorporated Feb. 13, 1895. Commenced business March 28, 1895.] 
WM. C. JOHNSON, President. E. J. JOHNSON, Secretary. 

Office, 53 State Street. 
Detailed Statement op Bonds. 

Par Value. Market Value. 

United States government bonds, . . . $ 2,000 00 $2,200 00 

Summary of Assets Dec. 31, 1900. 



Bonds, as per schedule, .... 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, ..... 



$2,200 00 

23 50 

52,694 43 

124 79 

2,850 62 



$57,893 34 



Liabilities. 

Unearned premiums on outstanding risks, 

Due for inspections, 

Gross liabilities, 



$24,705 60 
15 49 



24,721 09 



Net cash assets, 



$33,172 25 



Income. 
Premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Interest and dividends received from all sources, . 



13,886 38 
216 25 

$3,670 13 
56,689 36 

$60,359 49 
2,850 62 

$57,508 87 
6,962 49 



$50,546 38 
1,836 16 



Gross cash income, $52,382 54 



44 



LYNN MUTUAL FIRE INSURANCE CO. 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $2,008,276 00 
Risks written during 1900, . 2,586,868 00 



Total, $4,595,144 00 

Risks terminated during 1900, . 2,297,278 00 





$22,154 92 




8,432 85 




7,900 32 




652 44 




636 00 




5,476 63 




$45,253 16 


Cash Prem's. 


Conting't Prem's. 


$42,623 57 


$127,870 71 


56,689 36 


170,068 08 



$99,312 93 
49,901 73 



|297,938 79 
149,705 19 



In force at end of year, 



$2,297,866 00 $49,411 20 $148,233 60 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 20 per cent. 



$22,080 00 



LYNN MUTUAL FIRE INSURANCE COMPANY, LYNN. 

[Incorporated Feb. 20, 1828. Commenced business Aug. 1, 1S28.] 
RUFUS KIMBALL, President. ISRAEL AUGUSTUS NEWHALL, Secretary. 

Amount of permanent fund, $56,910 38 

Detailed Statement of Stocks, 

40 shares First National Bank, Lynn, 
20 " National City Banji, Lynn, 
5 " Central National Bank, Lynn, . 
10 " Merchants' National Bank, Boston, 
15 " West Newton National Bank, . 
Chicago, Milwaukee & St. Paul R.R. bond, 
Southern Pacific R.R. bond, 
Atlantic & Pacific R.R. bond, . 
Mexican Central R.R. bond, 
Chicago & Great Western R.R. bonds, . 
Ohio & West Virginia R.R. bond, . 
Ogdensburg & Lake Champlain R.R. bonds, 
Equitable Securities Co. bonds, 
Atchison, Topeka & Santa Fe R.R. bonds, 
Atchison, Topeka & Santa Fe R.R. stock, 
Atchison, Topeka & Santa Fe R.R. scrip, 



)ks, Bonds, etc. 




Par Value. 


Market Value. 


$4,000 00 


$4,600 00 


2,000 00 


3,000 00 


500 00 


750 00 


1,000 00 


1,590 00 


1,500 00 


1,890 00 


1,000 00 


1,160 00 


500 00 


575 00 


99 00 


99 00 


1,000 00 


740 00 


2,000 00 


2,100 00 


1,000 00 


1,100 00 


2,000 00 


2,060 00 


800 00 


700 00 


3,000 00 


2,850 00 


4,520 00 


3,842 00 


450 00 


475 00 


$25,369 00 


$27,531 00 



LYNN MUTUAL FIRE INSURANCE CO, 



45 



Summary of Assets Dec. 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
All other cash loans, .... 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Prem's more than three mos. due, $77 80 
Gross assets, 



31, 1900. 

$4,860 04 

27,700 00 

1,028 29 

27,531 00 

2,389 20 

120 41 

174 90 

406 10 

32 25 



$64,242 19 



Liabilities. 

Losses adjusted, unpaid, $25 50 

Unearned premiums on outstanding risks, . 15,333 52 

Profits or surplus on terminated policies, unpaid, 403 80 

Gross liabilities, .... 



Net cash assets, 



Income 



Premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash premiums received, . 
Received for extra premiums, . 
Interest received on mortgages, 
Interest and dividends received from all 
Income from all other sources, 



Gross cash income, 



other 



Expenditures 
Cash paid for losses, .... 
as profits on terminated policies, 
for salaries of officers, 
for State and local taxes, 



#111 30 
43 30 

$68 00 
6,953 02 

$7,021 02 
110 05 

$6,910 97 
223 26 



sources, 



15,762 82 
$48,479 37 



$6,687 


71 


11 


15 


1,433 58 


1,356 


29 


62 


24 



$9,550 97 



$1,464 47 

4,879 85 

2,200 00 

71 97 



* Value of lands mortgaged $26,550 00 

Value of buildings thereon 39,900 00 

Amount of insurance held as collateral 38,800 00 



46 merchants' and farmers' mutual FIRE INSURANCE CO. 



Cash paid for rents, 

Cash paid for incidentals, 

Gross cash expenditures, 

Risks and Premiums. 

Amount. Cash Prems. 

Risks outstanding Dec. 31,1899, $2,152,111 00 $29,303 31 
Risks written during 1900, . 471,245 00 6,953 02 

Total, $2,623,356 00 $36,256 33 

Risks terminated during 1900, . 473,635 00 6,662 56 

In force at end of year, . . $2,149,721 00 $29,593 77 

Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 30, 60 and 80 per cent. 



$432 00 
334 69 

f 9,382 98 



Conting't Prem'i. 

$58,606 62 
13,906 (>i 

^72,512 66 
13,325 12 

$59,187 54 



$1,464 00 



MERCHANTS' AND FARMERS 1 MUTUAL FIRE INSURANCE 
COMPANY, WORCESTER. 

[Incorporated April 1, 1346. Commenced business Jan. 1, 1847.] 

JOHN D. WASHBURN, President. ELIJAH B. STODDARD, Secretary. 



Amount of permanent fund, .... 

Detailed Statement of Stocks, 

111 shares Atch., Topeka & Santa Fe R.R., 

57 ' 

25 ■ 

20 ' 

20 ■ 

8 ■ 

25 ' 

25 ■ 

61 ' 

34 ' 

25 ' 

10 ' 

99 ' 

28 ' 

12 ' 



Union Pacific R.R., . 
Wachusett Bank, 
Westminster Bank, . 
Central National Bank, . 
Mechanics' National Bank, 
Quinsigamond National Bank 
Chic, Burl. & Quincy R.R., 
Boston & Albany R.R., . 
Providence & Worcester R.R. 
Norwich & Worcester R.R., 
Boston & Maine R.R., 
Am. Card Clothing Co., . 
Worcester Electric Light Co., 
Worcester Gas Light Co., 
Lawrence city bonds, 
Eastern R.R. bonds, .... 
Chicago, Burl. & Quincy R.R. bonds, 
Atch., Topeka & Santa Fe R.R. bonds, 
City of Grand Haven, Mich , bonds, 
Corporation notes, .... 



Bonds, etc. 

Par Value. 
$11,100 00 

5,700 00 
2,500 00 
2,000 00 
2,000 00 
800 00 
2,500 00 
2,500 00 
6,100 00 
3,400 00 
2,500 00 
1,000 00 
9,900 00 
2,800 00 
1,200 00 

10,000 00 

5,000 00 

500 00 

10,500 00 
5,000 00 

10,750 00 



$121,574 43 



Market Value. 

$7,410 00 
4,688 00 
5,000 00 
2,000 00 
2,400 00 
800 00 
3,625 00 
3,575 00 

15,494 00 

10,200 00 
5,000 00 
1,950 00 
9,702 00 
6,328 00 
2,712 00 

11,200 00 

5,500 00 

540 00 

10,308 00 
5,200 00 

10,750 00 



$97,750 00 $124,382 00 



merchants' and farmers' mutual FIRE INSURANCE CO. 47 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $50,000 00 

Loans on mortgage of real estate (first liens*), 48,025 00 

Interest due or accrued thereon, . . . 1,440 77 

Stocks, bonds, etc., as per schedule, . . . 124,382 00 

Cash in the office of the company, . . . 789 98 

Cash deposited in bank, 3,984 39 

Interest due and accrued, 662 18 

Premiums in course of collection (gross), . 5,534 79 
Prem's more than three mos. due, $1,042 20 

Gross assets, 

Liabilities. 

Losses adjusted, claimed and reported, . $1,392 94 

Unearned premiums on outstanding risks, . 133,018 76 

Return premiums on cancelled policies, . . 36 69 

Profits or surplus on terminated policies, unpaid, 2,023 70 

Commissions and brokerage, .... 835 46 
Gross liabilities, .... 



Net cash assets, 



Income 

Premiums outstanding Dec. 31, 1900, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash premiums received, . 
Received for extra premiums, . 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



1,061 12 
319 78 



85,741 34 
97,616 91 

$103,358 25 
6,576 99 



,781 26 
3,585 81 



other sources, . 



$234,819 11 



137,307 55 



$97,511 56 



$93,195 45 

529 14 

609 97 

5,546 81 

3,830 00 

$103,711 37 



Cash paid for losses, . 

Deduct salvage, 

Net cash paid for losses, 



Expenditures. 



$38,291 52 
101 62 



$38,189 90 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$151,000 00 
54,450 00 



48 



MERRIMACK MUTUAL FIRE INSURANCE CO. 



Cash paid as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for expense on real estate, 

for incidentals, .... 

Gross cash expenditures, .... 



140,506 06 

14,366 52 

7,205 50 

1,881 20 

600 00 

260 16 

7,561 36 

f 110,570 70 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $20,798,303 00 f 308,120 17 $308,120 17 

Risks written during 1900, . 6,467,254 00 97,616 91 97,616 91 



Total $27,265,557 00 $405,737 08 $405,737 08 

Risks terminated during 1900, . 6,873,787 00 104,455 73 104,455 73 



In force at end of year, 



$20,391,770 00 $301,281 35 $301,281 35 



Miscellaneous. 

Losses incurred during the year, . . . . . f 39,091 00 

Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



MERRIMACK MUTUAL FIRE INSURANCE COMPANY, 

AN DOVER. 



[Incorporated Feb. 
JOS. A. SMART, President. 



r, 1828. Commenced business April 8, 1S2S.] 

GEO. A. PARKER, Secretary. 



Amount of permanent fund, $150,206 00 



Detailed Statement of 

Cincinnati city bonds, 

Lynn city bonds, .... 

Boston & Maine Railroad bonds, 

Old Colony Railroad bonds, 

Chicago & Northwestern R.R. bonds, 

Chicago, Mil. & St. Paul R.R. bonds, 

Salem (Ohio) Water Co. bonds, 

Helena Water Co. bonds, . 

Chicago, Wisconsin & Minn. R.R. bonds, 

Chicago, Peoria & St. Louis R.R. bonds, 

Boston Investment Co. stock, . 

Andover water bonds, 

Andover Electric Co. bonds, 

Danvers bonds, .... 

Seattle bonds, .... 



Stocks, Bonds, etc. 

Par Value. 

$7,000 00 
5,000 00 
2,000 00 

10,000 00 
4,000 00 
5,000 00 
6,000 00 
5,000 00 
5,000 00 
4,800 00 
5,000 00 

15,000 00 
4,500 00 

10,000 00 
5,000 00 



Market Valne. 

f8,355 00 
5,350 00 
2,330 00 

11,275 00 
4,990 00 
5,800 00 
4,800 00 
4,000 00 
5,712 00 
2,400 00 
500 00 

16,940 00 
4,500 00 

11,050 00 
5,400 00 



MERRIMACK MUTUAL FIRE INSURANCE CO. 



49 



Westborough bonds, 
North Andover bonds, 
Lawrence National Bank stock, 
Andover National Bank stock, . 



Summary of Assets Dec. 

Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens *), 

Interest due or accrued thereon, 

Stocks, bonds, etc., as per schedule, 

Cash in the office of the company, . 

Cash deposited in bank, . 

Interest due and accrued, . 

Premiums in course of collection (gross) , 



Par Value. 

$10,000 00 

10,000 00 

1,500 00 

1,000 00 



Market Value. 

$10,550 00 

11,400 00 

1,800 00 

1,100 00 



Gross assets, 



$115,800 00 $118,252 00 

31, 1900. 

$5,500 00 

106,500 00 

1,917 44 

118,252 00 

724 60 

3,408 56 

1,300 01 

8,900 72 



$246,503 33 



Liabilities. 

Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Profits or surplus on terminated policies, unpaid 
Due and accrued for rent, salaries, etc., . 
Gross liabilities, 



Net cash assets, 



$4,552 10 

200,841 99 

81 53 

4,178 72 

1,368 08 



211,022 42 
$35,480 91 



Income. 
Premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, .... $103,259 23 

Received for extra premiums, 835 33 

Interest received on mortgages, 5,450 52 

Interest and dividends received from all other sources, . . 6,047 71 

Income from rents, 106 50 

Gross cash income, $115,699 29 



$12,456 62 
504 64 

$11,951 98 
104,379 46 

$116,331 44 
8,900 72 

$107,430 72 
4,171 49 



* Total value of property mortgaged, 
Amount of insurance held as collateral, 



$196,650 00 
117,300 00 



50 



MIDDLESEX MUTUAL FIRE INSURANCE CO. 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for incidentals, .... 

Gross cash expenditures, .... 



161,394 94 

60,612 42 

15,964 00 

6,276 25 

962 40 

720 00 

5,455 42 

$151,385 43 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $29,908,387 00 $456,317 94 $456,317 94 

Risks written during 1900, . 7,006,260 00 104,379 46 104,379 46 

Total, $36,914,647 00 $560,697 40 f 560,697 40 

Risks terminated during 1900, . 8,819,509 00 137,718 71 137,718 71 



In force at end of year, . . $28,095,138 00 $422,978 69 $422,978 69 

$55,316 00 



Miscellaneous. 
Losses incurred during the year, 



Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



MIDDLESEX MUTUAL FIRE INSURANCE COMPANY, CONCORD. 

[Incorporated March 3, 1826. Commenced business March 29, 1826.] 
RICHARD F. BARRETT, President. ADAMS TOLMAN, Secretary. 



Amount of permanent fund, .... 

Detailed Statement of Stocks, 

15 shares Merchants' 1 National Bank, Boston, 
26 
25 
20 
10 
30 
18 
3 
15 



Webster National Bank, Boston, 
Eliot National Bank, Boston, . 
Faneuil Hall Natl Bank, Boston, 
Central National Bank, Boston, 
Hancock National Bank, Boston, 
State National Bank, Boston, . 
Suffolk National Bank, Boston, 
Commercial Nafl Bank, Boston, 
Bal. due on Shawm't Nat'l B'k (in liquidation) 
Bal. due on Black. Nat'l B'k (in liquidation), 
33 shares Concord Nat'l Bank, Concord, 
57 " Boston & Albany R.R., . 
100 " Fitchburg R.R., 



Bonds, etc. 

Par Value. 

$1,500 00 

2,600 00 

2,500 00 

2,000 00 

1,000 00 

3,000 00 

1,800 00 

300 00 

1,500 00 



3,300 00 

5,700 00 

10,000 00 



$327,532 84 



Market Value. 

$2,475 00 

2,567 50 

3,575 00 

2,505 00 

1,187 50 

3,000 00 

1,948 00 

337 50 

2,100 00 

600 00 

1,485 00 

4,950 00 

14.478 00 

14,000 00 



MIDDLESEX MUTUAL FIRE INSURANCE CO. 



51 



50 shares Philadelphia, Wil. & Bait. R.R., 
226 " Chic., Burl. & Quincy R.R., . 
287 " Atch., Topeka & Santa Fe R.R., 
180 " Pullman Palace Car Co., 
Burlington & Missouri R.R bonds, . 
Chicago, Burl. & Quincy R R. bonds, 
Portland & Ogdensburg R.R. bonds, 
Atch., Topeka & Santa Fe R.R. bonds, 
Cincin., Hamilton & Dayton R.R. bonds, 
Concord & Montreal R.R. bonds, 
Conn. & Passumpsic Rivers R.R. bonds, 
Cleveland, L. & Wheeling R.R. bonds, 
Old Colony R.R. bonds, . 
Boston & Lowell R R. bonds, . 
Boston & Albany R.R. bonds, . 
N. Y., Providence & Boston R.R. bonds, 
Boston & Maine R R. bonds, 
Narragansett Pier R.R. bonds, . 
Norwich & Worcester R.R. bonds, . 
St. Paul, Minn. & Manitoba R.R. bonds, 
Toledo city bonds, . 
Cambridge city bonds, 
Pawtucket city bonds, 
Medford city bonds, . 
Holyoke city bonds, . 
American Bell Telephone bonds, 
N. Y., Ontario & Western R.R. bonds, 
Terminal R.R. Association of St. Louis, 
Boyer Val. div., Chic. & Northwestern R.R., 
Cleveland & Pittsburg R.R., 



Par Value. 

$2,500 00 
22,600 00 
28,700 00 
18,000 00 

7,000 00 
18,000 00 
20,000 00 

3,000 00 
10,000 00 
25,000 00 
25,000 00 
10,000 00 

6,000 00 
15,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
20,000 00 
10,000 00 

5,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 



Market Value. 

$4,250 00 
32,318 00 
16,170 00 
36,045 00 

7,035 00 
19,220 00 
22,400 00 

2,920 00 
11,200 00 
28,125 00 
29,500 00 
11,350 00 

6,745 00 
16,275 00 
10,850 00 
11,900 00 
12,800 00 
10,950 00 
11,500 00 
11,700 00 
11,250 00 
21,900 00 
11,400 00 

5,650 00 
11,700 00 
10,037 00 
10,700 00 
11,500 00 
10,400 00 
10,600 00 



Securities held as collateral for cash loans : — 

9 shares Chic. & West Michigan R.R., . . > 
29 " Pemberton Mills, . . . . S 
40 " American Powder Mills, . 



$411,000 00 $483,598 50 

Market Value. Loaned Thereon. 

$2,800 00 $1,600 02 

6,200 00 2,500 00 



$9,000 00 $4,100 02 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $41,000 00 
Loans on mortgage of real estate (first liens *), 70,420 01 

Interest due or accrued thereon, . . . 1,793 92 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$55,200 00 

128,000 00 

83,000 00 



52 



MIDDLESEX MUTUAL FIRE INSURANCE CO. 



Stocks, bonds, etc., as per schedule, 

Loans on collateral security, as per schedule, 

All other cash loans, 

Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$483,598 50 

4,100 02 

21,500 00 

7,948 14 

3,168 84 

4,806 14 

20,233 00 

800 00 



1659,368 57 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid, 
Commissions and brokerage, . 

Gross liabilities, 



Net cash assets, 



1494 20 
1,400 00 
3,750 00 
327,331 49 
8,629 55 
3,034 95 



344,640 19 
$314,728 38 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



$19,896 83 
168,447 10 

$188,343 93 
20,233 00 

$168,110 93 
5,386 05 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, .... 

Received for extra premiums, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$162,724 88 

925 00 

3,398 56 

21,205 31 

684 96 



Gross cash income, . . . . . . . . $188,938 71 



Expenditures. 

Cash paid for losses, 

Deduct reinsurance, 

Net cash paid for losses, 

Cash paid as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, 



$65,445 22 
1,815 83 



Gross cash expenditures, 



$63,629 39 

79,529 37 

23,470 54 

11,480 00 

1,961 36 

7,193 90 

$187,264 56 



MUTUAL FIRE ASSURANCE CO. 



53 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $45,501,411 00 
Risks written during 1900, . 11,028,092 00 



Total $56,529,503 00 

Risks terminated during 1900, . 11,427,662 00 



In force at end of year, . . $45,101,841 00 
Deduct amount reinsured, . 221,942 00 



Cash Prem's. 

$666,036 75 
168,447 10 

$834,483 85 
171,682 66 

$662,801 19 
3,288 23 



Conting't Prem's. 

$666,036 75 
168,447 10 

$834,483 85 
171,682 66 

$662,801 19 
3,288 23 



Net amount in force, . . $44,879,899 00 $659,512 96 $659,512 96 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



$66,674 00 



MUTUAL FIRE ASSURANCE COMPANY, SPRINGFIELD. 

[Incorporated Feb. 23, 1827. Commenced business July 23, 1827.] 
GEO. B. HOLBROOK, President. FRANK R. YOUNG, Secretary. 

Amount of permanent fund, $117,216 93 



Detailed Statement of Stocks, 



Vermont Valley R.R. bonds, 
Chesapeake & Ohio R.R. bonds, 
Ohio Southern R.R. bonds, 
N. Y. Central & Hudson River R.R. bonds, 
Chicago, Burlington & Quincy R.R. bonds, 
Phila., Wil. & Baltimore R.R. bonds, 
Holyoke Street R.R. bonds, 
Boston & Albany R.R. bonds, . 

75 shares Second National B'k, Springfield, 

61 ■ 

25 

25 

25 

10 

10 

50 

20 

50 
100 
173 

58 



Chicopee Natl Bank, Springfield, 
John Hancock N'l B% Springfield 
First National Bank, Springfield, 
Chapin National Bank, Springfield 
Monson National Bank, Monson, 
First National Bank, Chicopee, 
Hadley Falls Nat'l B'k, Holyoke, 
Springfield N'l B'k, Springfield, 
Commerce Nat'l Bank, Boston, 
Boston & Albany R.R., . 
N. Y. Cent. & Hudson River R.R., 
Chic, Burl. & Quincy R.R., . 



Bonds, etc 

Par Value. 

$4,000 00 
4,000 00 
3,000 00 
8,000 00 
1,500 00 
4,000 00 
6,000 00 

10,000 00 
7,500 00 
6,100 00 
2,500 00 
2,500 00 
2,500 00 
1,000 00 
1,000 00 
5,000 00 
2,000 00 
5,000 00 

10,000 00 

17,300 00 
5,800 00 



Market Value. 

$4,480 00 
4,840 00 
3,000 00 
7,920 00 
1,750 00 
4,360 00 
6,360 00 

11,000 00 
9,750 00 
9,455 00 
2,750 00 
2,750 00 
3,000 00 
1,300 00 
1,350 00 
6,750 00 
4,000 00 
5,600 00 

25,300 00 

24,739 00 
8,410 00 



$ 108,700 00 $148,864 00 



54 



MUTUAL FIRE ASSURANCE CO. 



Summary of Assets Dec. 31, 1900. 
Loans on mortgage of real estate (first liens *), $ 42,520 65 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Prem's more than three mos. due, $116 68 
Gross assets, ...... 



472 58 




148,864 00 




315 52 




10,253 49 




423 32 




237 65 






$203,087 21 



Liabilities. 
Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid, 
Gross liabilities, 



$45,995 21 
200 91 



46,196 12 



Net cash assets, $ 156,891 09 



Income. 
Premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



$586 88 
23 75 

$563 13 
21,165 93 

$21,729 06 
354 33 



$21,374 73 

177 67 

2,017 14 

5,876 00 

$29,445 54 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, 



Gross cash expenditures, . 



$5,745 09 

15,686 87 

4,392 00 

199 48 

500 00 

737 86 

$27,261 30 



* Value of lands mortgaged, $21,500 00 

Value of buildings thereon 57,500 00 

Amount of insurance held as collateral, .... 47,000 00 



MUTUAL PROTECTION FIRE INSURANCE CO. 



55 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 



Risks outstanding Dec. 31,1899, f 5,687,375 00 $89,259 00 $89,259 00 
Risks written during 1900, . 1,322,000 00 21,165 93 21,165 93 



Total, . . . . . $7,009,375 00 $110,424 93 $110,424 93 
Risks terminated during 1900, . 1,107,375 00 17,328 24 17,328 24 



In force at end of year, . . $5,902,000 00 $93,096 69 $93,096 69 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 90 per cent. 



$5,745 00 



MUTUAL PROTECTION FIRE INSURANCE COMPANY, 

CHARLESTOWN. 

[Incorporated April 10, 1861. Commenced business July 15, 1864.] 

GEO. B. NEAL, President. GEO. H. PENDERGAST, Secretary. 

Office, Thompson Square, Charlestown. 
Amount of permanent fund, $52,639 30 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

$1,700 00 
2,000 00 
1,550 00 
1,000 00 
5,500 00 

10,000 00 



17 shares Monument National Bank, 
20 " National Bank of the Republic, 
31 " Charlestown Gas & Electric Co., 
10 " Somerville Electric Light Co., . 
55 " Atch., Top. & Santa Fe R.R., . 
United States bonds, 



Market Value. 

$3,230 00 

2,800 00 

2,480 00 

1,000 00 

2,795 00 

11,000 00 



$21,750 00 $23,305 00 



Securities held as collateral for cash loans : — 



100 shares Butte & Boston Mining Co., 
100 " Isle Royal Mining Co., . 

1 share American Sugar Refining Co., 

2 shares New England Gas & Coke Co 
30 " Parrott Mining Co., 
50 " Franklin Mining Co., 

Boston & Maine R.R. bond, 



Market Value. 


Loaned Thereon, 


$8,000 00 ^ 




3,800 00 




117 00 




»., . 1,400 00 


\ $10,000 00 


150 00 




850 00 




1,000 00 J 





$15,317 00 $10,000 00 



56 



MUTUAL PROTECTION FIRE INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 



Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Prem's more than three mos. due, $1,758 74 
Gross assets, 



$48,900 00 

882 00 

23,305 00 

10,000 00 

705 63 

19,857 21 

155 00 

3,270 40 



$107,075 24 



Liabilities. 

Losses adjusted, unpaid, 

Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Profits or surplus on terminated policies, unpaid, 
Commissions and brokerage, .... 

Reinsurance, 

Gross liabilities, 



Net cash assets, 



$1,218 29 




35,191 58 




99 20 




1,496 91 




665 37 




160 79 






38,832 14 






$68,243 10 



Income, 

Premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from all other sources, 



Gross cash income, 



$5,206 49 
989 96 

$4,216 53 
26,489 38 



,705 91 
5,029 14 



$25,676 77 
1,432 43 



sources, . 



$24,244 34 

66 64 

2,439 50 

1,636 09 

1 70 

$28,388 27 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



-•22.700 00 
72,200 00 
62,400 00 



NEWBURYPORT MUTUAL FIRE INSURANCE CO. 



57 



Expenditures. 






Cash paid for losses, 


$4,911 38 




Deduct reinsurance, 


5 68 




Net cash paid for losses, 




$4,905 70 




Cash paid as profits on terminated policies, . 


. 


6,976 18 


for commissions and brokerage, 


. . . 


3,739 59 


for salaries of officers, 


. . . 


2,500 00 


for State and local taxes, 


• . . 


264 68 


for rents, 


. . 


500 00 






1,412 95 


Gross cash expenditures, .... 


§20,299 10 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $3,718,833 00 $59,747 63 $59,747 63 

Risks written during 1900, . 1,626,291 00 26,489 38 26,489 38 



Total, $5,345,124 00 

Risks terminated during 1900, . 1,314,367 00 



In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $4,030,757 00 
85,918 00 



,237 01 
21,185 67 

$65,051 34 
1,611 27 



$3,944,839 00 $63,440 07 



MlSCELL AN EOUS . 

Losses incurred during the year, ...... 

Profits or surplus returned during 1900, 20, 40 and 70 per cent. 



$86,237 01 
21,185 67 

$65,051 34 
1,611 27 

$63,440 07 
$6,055 00 



NEWBURYPORT MUTUAL FIRE INSURANCE COMPANY, 

NEWBURYPORT. 

[Incorporated Feb. 10, 1829. Commenced business May 1, 1829.] 
WILLIAM R. JOHNSON, President. LAWRENCE W. BROWN, Secretary. 



Detailed Statement or Stocks, 
100 shares Mer, Nat 1 ! Bank, Newburyport, 



Mech. Nat'l Bank, Newburyport, 
Ocean Nat'l Bank, Newburyport, 
Washington Nat'l Bank, Boston, 
Hide & Leather N'l Bank, Boston, 
Shoe & Leather N'l Bank, Boston, 
1 share Vermont Central R.R., 
3 shares General Electric, 
10 " U. S. Rubber Co., . 



9 
31 
15 

10 

10 



ks, Bonds, etc. 




Par Value. 


Market Value. 


$2,000 00 


$2,100 00 


- 


360 00 


1,550 00 


1,627 50 


1,500 00 


1,621 85 


1,000 00 


1,065 00 


1,000 00 


1,305 00 


100 00 


8 00 


300 00 


468 00 


1,000 00 


780 00 



58 



NEWBUKYPORT MUTUAL FIRE INSURANCE CO. 



10 shares Westinghouse, .... 
10 " Western Union, 
20 " Boston & Maine R.R., 
6 " N. Y. Cent. & Hudson River R.R., 

10 " Chicago & Northwestern R.R., 
9 " St. Paul Railroad, . 

11 " Atch., Topeka & Santa Fe R.R., 
5 " Chic. June. & Stock Yard, 

14 " Chicago, Burlington & Quincy, 
Rutland Railroad bonds, . 
Erie Tel. bonds, 

Minnesota General Electric bond, 
New England Cotton Yarn bond, 
Vermont Central bond, 
Riverside Court Trust Co. bonds, 
Balance due on 10 shares Market National 
Bank, Boston (in liquidation), 



Par Value. 

$1,000 00 
1,000 00 
2,000 00 

600 00 
1,000 00 

900 00 
1,100 00 

500 00 
1,400 00 
1,000 00 
3,000 00 
1,000 00 
1,000 00 
2,000 00 
2,000 00 



Market Value. 

$655 50 

850 00 

3,920 00 

870 00 

1,720 00 

1,287 00 

554 00 

725 00 

2,002 00 

1,030 00 

3,090 00 

1,020 00 

1,040 00 

1,840 00 

2,060 00 

500 00 



$27,950 00 $32,498 85 



Summary of Assets Dec. 31, 1900. 



Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, . 

Gross assets, .... 



$600 00 

19 25 

32,498 85 

31 20 

3,376 30 



$36,525 60 



Liabilities. 
Unearned premiums on outstanding risks, 
Due and accrued for rent, 

Gross liabilities, 



$5,335 94 
12 50 



5,348 44 



Net cash assets, $31,177 16 



Income. 

Premiums on risks written or renewed, . . $2,065 05 

Less return premiums, 99 63 

Net cash premiums received, .... $1,965 42 

Interest received on mortgages, 38 50 

Interest and dividends received from all other sources. . . 1,382 76 

Income from policy fees, 80 70 

Gross cash income, $ 3,467 38 

* Value of lauds mortgaged, $900 00 

Value of buildings thereon 1,400 00 

Amount of insurance held as collateral 1,000 00 



NOKFOLK MUTUAL FIRE INSURANCE CO. 



59 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, .... 

Gross cash expenditures, .... 



$43 


36 


1,525 


30 


573 


34 


16 


54 


150 


00 


206 


00 



$2,514 54 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $737,215 00 
Risks written during 1900, . 135,250 00 



In force at end of year, 



Total, $872,465 00 

Risks terminated during 1900, . 130,560 00 



Cash Prem's. 

$10,332 42 
2,065 05 

$12,397 47 
1,726 80 



Conting't Prem's. 

$41,327 68 
8,290 20 

$49,617 88 
6,905 20 



$741,905 00 $10,670 67 $42,712 68 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 100 per cent. 



$43 00 



NORFOLK MUTUAL FIRE INSURANCE COMPANY, DEDHAM. 

[Incorporated Feb. 12, 1825. Commenced business July 1, 1825.] 
J. WHITE BELCHER, President. JAMES Y. NOTES, Secretary. 

Amount of permanent fund, $334,201 14 



Detailed Statement of Stocks, 

313 shares Atch., Top. & Santa Fe R.R. stock, 

65 

60 
100 

75 
125 

20 
100 

13 



Dedham Water Co. stock, 
Union Pacific R.R. stock, 
Old Colony R.R. stock, . 
Boston & Lowell R.R. stock, 
Boston & Albany R.R. stock, 
Boston & Providence R.R. stock, 
Chic, Burl. & Quincy R.R. stock, 
Lombard Liquidation stock, 
Boston & Maine Railroad bonds, 
Boston & Providence Railroad bonds, 
Boston & Lowell Railroad bonds, 
Cincinnati city bonds, 
Boston city bonds, .... 



Bonds, etc. 

Par Value. 

$31,340 00 

6,500 00 

6,000 00 

10,000 00 

7,500 00 

12,500 00 

2,000 00 

10,000 00 

65 00 

27,000 00 

20,000 00 

20,000 00 

25,000 00 

10,000 00 



Market Value. 

$22,639 00 

6,500 00 

4,800 00 

20,000 00 

18,000 00 

31,250 00 

5,900 00 

14,000 00 

65 00 

32,750 00 

21,600 00 

21,700 00 

26,250 00 

11,200 00 



60 



NORFOLK MUTUAL FIRE INSURANCE CO. 



Newton city bonds, . 

Taunton city bonds, . 

Chelsea city bonds, . 

Concord & Montreal R.R. bonds, 

Fitchburg R.R. bonds, 

Newport & Richford Railway Co. bonds, 

N. Y., New Haven & Hart. R.R. bonds, 

Conn. & Passumpsic Rivers R.R. bonds, 

Dexter & Newport R.R. bonds, 

Norwich & Worcester R.R. bonds, . 

Fremont, Elkhorn & Mo. Valley R.R. bonds 

Grand Avenue R'y, Kansas City, bonds, 

Boston Consolidated Street Railway Co. bonds 

Minneapolis Gas Light Co. bonds, . 

Maine Central R.R. bonds, 

Oregon Short Line Railroad bonds, . 

Kan. City, St. J. & Council Bluffs R.R. bonds 

N. H. Trust Co. bonds, . 

Western Security Co. bonds, . 

N. E. Mortgage Security Co. bonds, 

Lombard Investment Co. bonds, 

Portland & Rumford Falls R.R. bonds, 

Lynn city bonds, .... 

Salem city bonds, .... 

Randolph town note, 

North Andover town bonds, 

Atchison, Topeka & Santa Fe R.R. bonds 

Philadelphia & Reading R.R. bonds, 

Old Colony Railroad bonds, 

Union Pacific Railway bonds, . 

Fall River city bonds, 

Lawrence city bonds, 



Summary of Assets Dec. 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



Par Value. 

$15,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

12,000 00 

5,000 00 

5,000 00 

6,000 00 

20,000 00 

5,000 00 

5,000 00 

5,000 00 

5,000 00 

15,000 00 

10,000 00 

9,000 00 

6,500 00 

5,000 00 

5,000 00 

950 00 

10,000 00 

10,000 00 

5,000 00 

3,000 00 

5,000 00 

34,500 00 

8,000 00 

28,000 00 

4,500 00 

2,000 00 

5,000 00 



Market Value. 

$16,931 25 

11,205 00 

11,937 50 

10,800 00 

10,962 50 

13,137 50 

5,775 00 

5,650 00 

6,210 00 

22,050 00 

6,750 00 

5,000 00 

5,250 00 

5,000 00 

16,600 00 

12,500 00 

10,350 00 

3,500 00 

1,000 00 

4,250 00 

380 00 

10,400 00 

11,200 00 

5,250 00 

3,000 00 

5,631 25 

32,820 00 

10,160 00 

31,020 00 

4,500 00 

2,317 50 

5,600 00 



$477,355 00 $543,791 50 

31, 1900. 

$12,000 00 

34,913 72 

712 77 

543,791 50 

2,951 31 

2,821 30 

7,584 39 

7,604 26 

654 16 

$613,033 41 



* Value of lands mortgaged $36,200 00 

Value of buildings thereon, 37,500 00 

Amount of insurance held as collateral 32,100 00 



NORFOLK MUTUAL FIRE INSURANCE CO. 



61 



Liabilities. 

Losses claimed and reported, .... 
Unearned premiums on outstanding risks, 
Return premiums on cancelled policies, . 
Profits or surplus on terminated policies, unpaid, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, .... 
Gross liabilities, 

Net cash assets, 



$211 40 




171,807 50 




265 87 




6,556 68 




50 00 




1,140 64 






$180,032 09 




• • . 


$433,001 32 



Income. 
Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



Expenditures. 
Cash paid for losses, .... 

as profits on terminated policies, 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, 

Gross cash expenditures, . 



$6,767 76 
76,843 69 

$83,611 45 
7,604 26 

$76,007 19 
677 58 



sources, . 



$75,329 61 

1,833 50 

22,011 52 

883 35 

$100,057 98 



$26,663 43 

42,193 19 

10,776 91 

7,383 88 

1,104 50 

2,010 41 

$90,132 32 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899,123,286,618 00 $334,056 29 $334,056 29 

Risks written during 1900, . 5,210,602 00 76,843 69 76,843 69 



Total $28,497,220 00 $410,899 98 $410,899 98 

Risks terminated during 1900, . 4,766,591 00 70,338 38 70,338 38 

In force at end of year, . . $23,730,629 00 $340,561 60 $340,561 60 



Miscellaneous. 

Losses incurred during the year, $26,875 00 

Profits or surplus returned during 1900, 25, 50 and 70 per cent. 



62 



PAPER MILL MUTUAL INSURANCE CO. 



PAPER MILL MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated November, 1886. Commenced business April 1, 1887.] 
K. W. TOPPAN, President. D. W. LANE, Secretary. 

Office, 31 Milk Street. 



Detailed Statement of Stocks, 



Portland & Ogdensburg R.R. bonds, 

N. Y. Cent. & Hudson River R.R. bonds, 

Cincin., Sandusky & Cleveland R.R. bonds, 

Maine Central R.R. bonds, 

Pennsylvania R.R. bonds, 

Newton water bonds, 

Boston & Albany R.R. bonds, . 

Boston & Maine Railroad bonds, 

Boston & Lowell R.R. bonds, . 

Fitchburg R.R. bonds, 

Chic. June. & Union Stock Yards bonds, 

Chicago, Burl. & Quincy R.R. bonds, 

American Bell Telephone bonds, 



Bonds, etc. 

Par Value. 

$5,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 

10,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 



Summary of Assets Dec. 31, 1900. 



Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 

Unearned premiums on outstanding risks, 

State and local taxes, .... 

Gross liabilities, 

Net cash assets 

Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



$77,300 00 

107 86 

11,460 18 

775 00 

601 02 



$38,496 50 
160 94 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Interest and dividends received from all sources, 

Gross cash income, 



$729 33 
81,015 38 

$81,744 71 
601 02 

$81,143 69 
3,712 42 



Market Value. 

$5,550 00 
4,800 00 
5,750 00 
6,000 00 
6,300 00 
5,650 00 

10,800 00 
6,300 00 
5,450 00 
5,650 00 
5,000 00 
5,050 00 
5,000 00 



$70,000 00 $77,300 00 



$90,244 06 



38,657 44 
$51,586 62 



877,431 27 
2,919 73 

$80,351 00 



QUINCY MUTUAL FIRE INSURANCE CO. 



63 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, . 

for rents, 

for incidentals, .... 

Gross cash expenditures, .... 



$6,574 79 


57,549 51 


4,909 99 


754 78 


250 00 


1,755 44 


$71,794 51 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $8,471,531 00 
Risks written during 1900, . 10,482,599 00 



Total, $18,954,130 00 

Risks terminated during 1900, . 9,074,602 00 



Cash Prem's. Conting't Prem's. 

$66,252 54 $331,262 70 
81,015 38 405,076 90 



$147,267 92 $736,339 60 
70,274 91 351,374 55 



In force at end of year, 



. $9,879,528 00 $76,993 01 $384,965 05 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 86.46 per cent. 



$3,741 00 



QUINCY MUTUAL FIRE INSURANCE COMPANY, QUINCY. 

[Incorporated March 22, 1851. Commenced business May, 1851.] 
CHARLES A. HOWLAND, President. WM. H. FAY, Secretary. 

Amount of permanent fund, $350,000 00 



Detailed Statement of Stocks, 

88 shares Rockland National Bank, Boston, 
277 ' 

70 ' 

50 ' 

40 ( 

35 

66 ' 
250 

75 

50 



292 
44 
50 
40 
48 



Third National Bank, Boston, 
Second National Bank, Boston, 
First National Bank, Boston, . 
Merchants' National Bank, Boston 
State National Bank, Boston, . 
Washington National B'k, Boston, 
Colonial Nat'l Bank, Boston, . 
Redemption Nat'l Bank, Boston, 
Hamilton Nat'l Bank, Boston (in 

liquidation),. 
Mt. Wollaston Nat'l Bank, Quincy 
Granite National Bank, Quincy, 
Wachusett Nat'l Bank, Fitchburg, 
Hingham Nat/1 Bank, Hingham, 
First Nat'l B'k, South Weymouth, 



Bonds, etc. 

Par Value. 

$8,800 00 
27,700 00 
7,000 00 
5,000 00 
4,000 00 
3,500 00 
6,600 00 
25,000 00 
7,500 00 

5,000 00 
29,200 00 
4,400 00 
5,000 00 
4,000 00 
4,800 00 



Market Value. 

$11,000 00 

26,315 00 

11,900 00 

9,500 00 

6,800 00 

3,850 00 

7,590 00 

37,500 00 

9,000 00 

4,750 00 

36,500 00 

6,600 00 

8,750 00 

4,000 00 

5,040 00 



64 



QULNCY MUTUAL FIKE INSURANCE CO. 



38 shares Union National Bank, Weymouth, 
10 " Quinsigainond N'l B'k, Worcester, 
50 " Brockton Natl Bank, Brockton, 
29 " Plymouth Nat'l Bank, Plymouth, 
25 " First Nat'l Bank, West Newton, 
Balance on 200 shares Manufacturers 1 Bank 

Boston (in liquidation), 
Balance on 46 shares Continental National 

Bank, Boston (in liquidation), 
Balance on 25 shares Market National Bank 

Boston (in liquidation), 
Balance on 100 shares North NU B'k, Boston 

(in liquidation), 

Balance on 25 shares Revere N'l Bank, Boston 

(in liquidation), 

215 shares Chic, Burl. & Quincy R.R., . 
100 " Boston & Lowell R.R., . 

11 " Old Colony R.R., . 
107 " Hingham Cordage Co., . 
178 " Lawrence Duck Co., 
50 " State St, Safe Deposit & Trust Co. 
Chic, Burlington & Quincy R.R. bonds, . 
Decatur Water Works Co. bonds and stock, 
Michigan Telephone Co. bonds, 



Securities held as collateral for cash loans : — 



700 shares American Woolen Co., . 

300 " N. E. Dressed Meat & Wool Co., 

City Electric St. R'y Co., Newburyport, bonds 

Hudson River Water & Power Co. bonds, 

Peoria & Pekin Terminal R'y bonds, 

100 shares North Packing & Provision Co., 

144 " National Granite Bank, Quincy, 

15 " Minnehaha Trust Co., . 

30 " Sioux Falls National Bank, . 
Corp'n notes secured by warehouse receipts, 



Par Value. 

$3,800 00 
1,000 00 
5,000 00 
2,900 00 
2,500 00 



21,500 00 
10,000 00 

1,100 00 
10,700 00 
17,800 00 

5,000 00 
10,000 00 
14,300 00 
10,000 00 



Market Value. 

?3,800 00 
1,400 00 
6,500 00 
3,190 00 
2,500 00 

500 00 

230 00 

150 00 

500 00 

75 00 

27,950 00 

24,000 00 

2,200 00 

1,500 00 

17,800 00 

6,000 00 

10,800 00 

3,250 00 

9,800 00 



$263,100 00 $311,240 00 



Market Value. Loaned Thereon. 



?45,000 00 
45,000 00 

3,150 00 
19,440 00 

6,360 00 
10,000 00 
21,600 00 

1,500 00 

3,000 00 
30,000 00 



} 



$35,000 00 
25,000 00 

25,000 00 

7,500 00 
17,700 00 

2,500 00 
20,000 00 



$185,050 00 $132,700 00 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $19,800 00 
Loans on mortgage of real estate (first liens *), 76,200 00 

Interest due or accrued thereon, . . . 3,696 14 

* Value of lands mortgaged, $S9,000 00 

Value of buildings thereon, 107,500 00 

Amount of insurance held as collateral, .... ;*-2.700 00 



QUINCY MUTUAL FIKE INSURANCE CO. 



65 



Stocks, bonds, etc., as per schedule, 
Loans on collateral security, as per schedule, 
All other cash loans, .... 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$311,240 00 

132,700 00 

46,500 00 

320 00 

43,423 58 

2,043 52 

8,411 79 

412 50 



$644,747 53 



Liabilities. 

Losses claimed and reported, .... $150 00 

Losses disputed or resisted, .... 1,500 00 

Unearned premiums on outstanding risks, . 243,293 73 

Profits or surplus on terminated policies, unpaid, 4,000 00 

Due and accrued for rent, salaries, etc., . . 150 00 

State and local taxes, 300 00 

Commissions and brokerage, .... 1,310 22 

Gross liabilities, 



250,703 95 



Net cash assets, $394,043 58 



Income. 
Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, .... 

Received for extra premiums, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$7,140 63 
140,048 05 

$147,188 68 
8,411 79 

$138,776 89 
1,675 42 



$137,101 47 

797 64 

3,226 76 

21,758 47 

442 92 



Gross cash income, $163,327 26 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$52,958 56 

64,209 54 

21,486 46 

14,078 79 

3,011 35 

5,725 70 



Gross cash expenditures, . 



8101,470 40 



66 RUBBER MANUFACTURERS' MUTUAL INSURANCE CO. 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $33,912,668 00 $501,201 65 $501,201 65 

Risks written during 1900, . 9,243,937 00 140,048 05 140,048 05 



Total, $43,156,605 00 $641,249 70 $641,249 70 

Risks terminated during 1900, . 9,566,903 00 145,763 31 145,763 31 



In force at end of year, 



.$33,589,702 00 $495,486 39 $495,486 39 



Miscellaneous. 

Losses incurred during the year, $54,609 00 

Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



RUBBER MANUFACTURERS' MUTUAL INSURANCE COMPANY, 

BOSTON. 

[Incorporated Nov. 4, 1884. Commenced business Jan. 15, 1885.] 

E. S. CONVERSE, President. B. F. TAFT, Secretary. 

Office, 31 Milk Street. 
Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Fitchburg Railroad bonds $25,000 00 $28,100 00 

Boston & Lowell R.R. bonds, .... 30,00000 31,15000 

Maine Central R.R. bonds, .... 26,000 00 28,410 00 

East Middlesex St. Railway bonds, . . . 7,000 00 7,070 00 

Bangor & Aroostook R.R. bonds, . . . 10,000 00 11,550 00 

West End Street R.R. bonds, .... 23,000 00 24,207 50 

N. Y., N. H. & Hartford R.R. bonds, . . 2,000 00 2,345 00 

Watertown town bonds, 3,000 00 3,138 75 

Taunton city bonds 5,000 00 5,550 00 

Boston Consolidated Street R.R. bonds, . . 12,000 00 12,870 00 

Cambridge Street R.R. bonds, .... 1,000 00 1,025 00 

General Electric Co. bonds, .... 4,000 00 6,270 00 

N. Y. Central & Hudson River R.R. bonds, . 15,000 00 14,700 00 

Chicago Terminal Transfer R.R. bonds, . . 20,000 00 19,000 00 

N. E. Telephone & Telegraph Co. bonds, . 27,000 00 28,300 00 

American Bell Telephone Co. bonds, . . 15,000 00 15,000 00 

New England Cotton Yarn Co. bonds, . . 9,000 00 9,360 00 

St. Louis Merchants Bridge Terminal R.R., . 25,000 00 28,250 00 

American Writing Paper Co. bonds, . . 10,000 00 7,000 00 

Corporation notes, 25,000 00 25,000 00 

American Tel. & Tel. Co. bonds, . . . 10,000 00 9,900 00 



$304,000 00 $318,196 25 



RUBBER MANUFACTURERS' MUTUAL INSURANCE CO. 67 



Summary of Assets Dec. 31, 1900. 

Stocks, bonds, etc., as per schedule, . . $318,196 25 

Cash in the office of the company, . . . 331 37 

Cash deposited in bank, 36,365 71 

Interest due and accrued, 4,500 40 

Premiums in course of collection (gross), . 8,563 65 

Gross assets, $367,957 38 

Liabilities. 

Losses adjusted, unpaid, f 3,552 64 

Unearned premiums on outstanding risks, . 148,933 95 

State and local taxes, 688 68 

Gross liabilities 153,175 27 

Net cash assets, $214,782 11 



Income. 

Premiums outstanding Dec. 81, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Interest and dividends received from all sources, 



$5,639 33 
353,084 34 

$358,723 67 
8,563 65 



$350,160 02 
13,217 37 



Gross cash income, $363,377 39 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for salaries of officers and employees, 
for State and local taxes, 
for joint office expenses, . 

for inspection, 

for incidentals, .... 

Gross cash expenditures, .... 



$65,928 91 

235,199 42 

6,236 66 

3,378 92 

12,099 27 

9,454 46 

681 81 

$332,979 45 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem'a. 

Risks outstanding Dec. 31, 1899, $32,151,670 00 $264,160 88 $1,320,804 40 
Risks written during 1900, . 42,602,826 00 353,084 34 1,765,421 70 



Total, $74,754,496 00 $617,245 22 $3,086,226 10 

Risks terminated during 1900, . 36,145,995 00 319,377 33 1,596,886 65 



In force at end of year, 



. $38,608,501 00 $297,867 89 $1,489,339 45 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 80 per cent. 



$68,457 00 



68 



SALEM MUTUAL FIRE INSURANCE CO. 



SALEM MUTUAL FIRE INSURANCE COMPANY, SALEM. 

[Incorporated April 17, 1838. Commenced business May 1, 1838.] 
HOWARD S. PORTER, President. ARTHUR DERBY, Secretary. 

Amount of permanent fund, $52,580 66 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Boston & Lowell Railroad bonds, . . . $3,000 00 $3,355 00 

Boston & Maine Railroad bonds, . . . 1,000 00 1,152 50 

Boston & Albany Railroad bonds, . . . 1,000 00 1,090 00 

Haverhill city bonds 1,000 00 1,137 50 

Springfield (Mass.) city bonds, . . . 1,000 00 1,080 00 

Springfield (Ohio) city bonds, .... 450 00 465 50 

Toledo (Ohio) city bonds, .... 2,000 00 2,262 50 

Cincinnati city bonds, 1,000 00 1,115 00 

Chicago city bonds 3,000 00 3,382 50 

Woburn city bonds 2,000 00 2,020 00 

Brockton city bonds, , 3,000 00 3,130 00 

Peabody town bonds, 1,000 00 1,026 25 

New Britain (Conn.) city bonds, . . . 4,000 00 4,400 00 

Stoneham town bonds, 2,000 00 2,075 00 

Cleveland city bonds, 3,000 00 3,048 75 

Cook County bonds, 2,000 00 2,040 00 

Ware town bonds, 1,000 00 1,017 50 

Medford city bonds, 1,000 00 1,110 00 

Salem city bonds, 4,550 00 4,691 92 

Lynn city bonds, 2,000 00 2,112 50 

Middleton town bonds 500 00 500 00 

Meriden (Conn.) city bonds, .... 2,000 00 2,000 00 

Somerville (Mass.) city bonds, . . . 2,000 00 2,125 00 

Old Colony Railroad bonds, .... 2,000 00 2,140 00 

Fitchburg R.R. bonds, 3,000 00 3,273 75 

Quincy (111.) city bonds, 2,000 00 2,135 00 

Cranston (R. I.) town bonds, .... 1,000 00 1,127 50 

Columbus (Ohio) city bonds, .... 4,000 00 4,256 25 

Waltham (Mass.) city bonds, .... 1,000 00 1,052 50 

Massachusetts State bonds, .... 3,000 00 3,287 50 

Boston city bonds, 3,000 00 3,240 00 

Wilkesbarre (Pa.) city bonds, .... 1,000 00 1,027 50 

Fall River city bonds, 4,000 00 4,240 00 

Marlborough city bonds, 1,000 00 1,075 00 

Chelsea city bonds, 2,000 00 2,150 00 

9 shares Boston & Maine Railroad, . . 900 00 1,587 00 

15 " Salem Gas Light Co., . . . 1,500 00 1,936 00 

Chicago, Burlington & Quincy R.R. bonds, . 1,000 00 1,030 00 



$73,900 00 §79,895 42 



SALEM MUTUAL FIRE INSURANCE CO. 



69 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 


$7,200 00 




Loans on mortgage of real estate (first liens *), 


2,200 00 




Interest due or accrued thereon, 


20 00 




Stocks, bonds, etc., as per schedule, . 


79,895 42 




Cash in the office of the company, . 


271 21 




Cash deposited in bank, 


1,024 42 




Interest due and accrued, 


921 06 




Premiums in course of collection (gross), 


2,819 43 




Prem"s more than three mos. due, $33 00 






Gross assets, 

Liabilities. 




$94,351 54 




Losses adjusted, unpaid, 


$220 01 




Unearned premiums on outstanding risks, 


43,477 22 




Return premiums on cancelled policies, . 


26 09 




Profits or surplus on terminated policies, unpaid, 


1,069 28 




State and local taxes, 


62 54 




Commissions and brokerage, .... 


479 73 




Gross liabilities, 




45,334 87 






$49,016 67 


Income. 






Premiums outstanding Dec. 31, 1899, 


$2,330 37 




Premiums on risks written or renewed, . 


33,964 18 




Total, 


$36,294 55 




Premiums now in course of collection, . 


2,852 43 




Entire premiums collected, .... 


$33,442 12 




Less reinsurance and return premiums, . 


1,281 21 




Net cash premiums received, .... 




$32,160 91 




Received for extra premiums, .... 


. 


48 47 


Interest received on mortgages, 


. 


130 50 


Interest and dividends received from all other sources, . 


3,094 03 




... 


700 96 


Gross cash income, 


$36,134 87 


Expenditures. 






Cash paid for losses, 


$10,654 69 




Deduct reinsurance, 


7 50 




Net cash paid for losses, ..... 




$10,647 19 












50 00 


Amount of insurance held as collateral, . 


2,000 00 



70 SALISBURY AND AMESBURY MUTUAL FIRE INSURANCE CO. 



Cash paid as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, 
for rents, .... 
for repairs on real estate, 
for incidentals, . 



Gross cash expenditures, 



$9,360 69 

5,308 30 

2,956 00 

460 44 

450 00 

231 40 

2,008 88 

$31,422 90 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $4,716,043 00 



Risks written during 1900, 

Total, .... 
Risks terminated during 1900, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



2,135,239 00 

16,851,282 00 
1,895,197 00 

f4,956,085 00 
75,036 00 



Cash Prem's. 

$79,617 45 
33,964 18 

$113,581 63 
29,263 13 

884,318 50 
967 88 



Conting't Prem's. 

$79,617 45 
33,964 18 

$113,581 63 
29,263 13 

$84,318 50 
967 88 



$4,881,049 00 $83,350 62 $83,350 62 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 20, 40 and 60 per cent. 



$10,753 00 



SALISBURY AND AMESBURY MUTUAL FIRE INSURANCE 
COMPANY, AMESBURY. 

[Incorporated May 18, 1855. Commenced business June 15, 1855.] 

GEORGE F. BAGLEY, President. CHARLES L. ALLEN, Secretary. 

[Note. — Ten per cent, of the premium notes are received in cash at the time of issuing 
the policy. The notes are assessed as necessity requires. No cash funds are accumulated.] 

Summary of Assets Dec 31, 1900. 

Cash in the office of the company, . . . $48 70 

Cash deposited in bank, 15 16 

Gross assets, ■ $63 86 

Liabilities. 
Due for borrowed money, $200 00 

Income. 

Interest and dividends received from all sources, ... $0 56 

Assessments on deposit notes, 255 63 

Income from all other sources, 3 75 

Borrowed money, $200 00 

Gross cash income, . $259 94 



SAUGUS MUTUAL FIRE INSURANCE CO. 71 



Expenditures. 

Cash paid for losses, 

for salaries of officers, 

for State and local taxes, 

for incidentals, 



|300 00 


150 00 


2 59 


13 50 



Gross cash expenditures, $466 09 

Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $207,374 00 $1,827 88 $18,272 80 

Risks written during 1900, . 31,190 00 299 90 3,119 00 



Total, $238,564 00 $2,127 78 $21,391 80 

Risks terminated during 1900, . 43,209 00 348 09 3,594 90 



In force at end of year, . . $195,355 00 $1,779 69 $17,796 90 

Miscellaneous. 
Losses incurred during the year, $300 00 



SAUGUS MUTUAL FIRE INSURANCE COMPANY, SAUGUS. 

[Incorporated Feb. 24, 1852. Commenced business April 1, 1852.] 

HERBERT B. NEWHALL, President. WILBUR F. NEWHALL, Secretary. 

[Note. — This company insures nothing but dwellings, farm buildings and their con- 
tents, in Lynn, Saugus, Lynnfield, Swampscott and Nahant. No cash premiums are taken, 
but assessments are made on deposit notes to pay losses and expenses. All policies are 
issued for a term of three years.] 

Summary of Assets Dec. 31, 1900. 
Cash in the office of the company, . . . $97 38 

Cash deposited in bank, 1,267 96 

Unpaid assessments, 272 50 

Gross assets, $1,637 84 

Liabilities. 

Unpaid losses, $867 00 

Due for borrowed money, .... 1,500 00 

Gross liabilities, $2,367 00 

Income. 

Income from policy fees, $515 00 

Assessments on deposit notes, 3,104 60 



Gross cash income, $3,619 60 



72 



SOUTH DANVERS MUTUAL FIRE INSURANCE CO. 



Expenditures. 

Cash paid for losses, 

for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for incidentals, .... 



Gross cash expenditures, 



$1,455 


97 


1,420 00 


31 


39 


182 00 


186 


90 



$3,276 26 



Risks and Premiums. 



Risks outstanding Dec. 31, 1899, 
Risks written during 1900, 

Total, 

Risks terminated during 1900, . 

In force at end of year, . 



Miscellaneous. 

Losses incurred during the year, f 2,323 00 

Assessments laid on deposit notes or contingent premiums, . 3,100 00 



Amount. 

$2,840,275 00 
960,400 00 

$3,800,675 00 
994,625 00 



Conting't Prem's. 

$354,446 00 
120,369 00 

|474,815 00 
124,771 00 



$2,806,050 00 $350,044 00 



SOUTH DANVERS MUTUAL FIRE INSURANCE COMPANY, 

PEABODY. 

[Incorporated June 12, 1829. Commenced business Aug. 1, 1829.] 

W. P. CLARK, President. FRANK TATLOE, Secretary. 



Amount of permanent fund Dec. 31, 1899, 
Decrease during the year, 



Permanent fund Dec. 31, 1900, . 



$47,873 87 
14,176 82 

$33,697 05 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

Ill shares South Dan vers Nat'l Bank, Peabody, $11,100 00 

48 " Warren National Bank, Peabody, . 4,800 00 $5,664 00 

51 " Asiatic National Bank, Salem, . 1,530 00 1,377 00 

20 " Naumkeag National Bank, Salem, . 2,000 00 2,500 00 

12 " First National Bank, Salem, . . 1,200 00 960 00 

34 " First National Bank, Danvers, . 2,550 00 2,380 00 

30 " Hide & Leather Nat'l B'k, Boston, . 3,000 00 3,195 00 

4 " Andover National Bank, Andover, . 400 00 440 00 

1 " Cape Ann Nat'l Bank, Gloucester, . 100 00 140 00 
20 " Naumkeag Steam Cotton Co., . 2,000 00 1,260 00 
20 " Androscoggin Mills, . . . 2,000 00 2,500 00 

2 " Nashua Manufacturing Co., . . 1,000 00 1,340 00 
Bal. due on 18 shares N'l Exch. B'k, Salem (in 

liquidation) - 900 00 



SOUTH DANVEKS MUTUAL FIRE INSURANCE CO. 



73 



Providence city bonds, 
Boston & Maine R.R. bonds, 



Summary of Assets Dec. 31, 1900 

Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Gross assets, 

Liabilities. 

Unearned premiums on outstanding risks, 
Profits or surplus on terminated policies, unpaid, 
Due and accrued for rent, salaries, etc., . 
Due for borrowed money, .... 
Gross liabilities,! 



Net cash assets, 



Income. 

Premiums on risks written or renewed, . 
Less reinsurance and return premiums, . 
Net cash premiums received, .... 
Interest and dividends received from all sources, 

Income from policy fees, 

Borrowed money, 

Gross cash income, 

Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, 

Gross cash expenditures, .... 

Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $1,180,938 00 
Risks written during 1900, . 180,910 00 



Par Value. 

$4,000 00 
3,000 00 


Market Value. 

$4,454 00 
3,351 00 


$38,680 00 


$30,461 00 


, 1900. 




$30,461 00 
244 20 




19,667 91* 
130 00 






$50,503 11 


$13,527 31 

1,078 75 

200 00 


2,000 00 


16,806 06 






$33,697 05 


$3,914 17 
578 80 






$3,335 37 

3,003 36 

123 00 


• • t 


$2,000 00 





1,461 73 



$331 64 


3,427 97 


2,663 50 


37 14 


225 42 



Total $1,361,848 00 

Risks terminated during 1900, . 186,205 00 



Cash Prem's. 

$25,219 70 
3,914 17 

$29,133 87 
4,033 77 



1,685 67 



Conting't Prem's. 

$75,659 10 
11,742 51 



,401 61 
12,101 31 



In force at end of year, 



. $1,175,643 00 $25,100 10 $75,300 30 



* $19,383.18 of this amount is on deposit in the South Danvers National Bank, now in hands 
of receiver. Value unknown. 

t Since filing the annual statement an assessment of 100 per cent, has been levied on South 
Danvers National Bank stock. 



74 traders' and mechanics' mutual FIRE INSURANCE CO. 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 100 per cent. 



$332 00 



TRADERS' AND MECHANICS' MUTUAL FIRE INSURANCE 

COMPANY, LOWELL. 

[Incorporated June, 1848. Commenced business June, 1848.] 
LEVI SPRAGUE, President. EDWARD M. TUCKE, Secretary. 

Amount of permanent fund, $410,098 69 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

35 shares Bigelow Carpet Co., . . . $3,500 00 $ 2,922 50 

4 " Boott Cotton Mills, .... 4,000 00 3,400 00 

2 " Hamilton Manufacturing Co., . 2,000 00 1,710 00 

50 " Lawrence Gas Company, . . 5,000 00 5,500 00 

300 " Lowell Gas Company, . . . 30,000 00 75,000 00 

114 " Massachusetts Cotton Mills, . . 11,400 00 11,604 00 

110 " Merrimack Manufacturing Co., . 11,000 00 12,100 00 

15 " Middlesex Mills, .... 1,500 00 1,635 00 

50 " Tremont & Suffolk Mills, . . 5,000 00 7,000 00 

100 " Old Lowell National Bank, . . 10,000 00 12,000 00 

25 " Vermont & Mass. R.R., . . . 2,500 00 4,375 00 

Andover town bonds, 15,000 00 17,250 00 

Boston city bonds 20,000 00 22,200 00 

Boston & Maine R.R. bonds, .... 20,000 00 25,400 00 

Fitchburg city bonds, 10,000 00 11,500 00 

Fitchburg R.R. bonds, 15,000 00 16,950 00 

Lowell & Suburban Street Railway bonds, . 25,000 00 27,000 00 

Maiden sewer bonds, 10,000 00 11.500 00 

Marlborough water loan bonds, . . . 10,000 00 11,500 00 

Boston United Gas Co. bonds, .... 20,000 00 16,400 00 

Holyoke city bonds, 15,000 00 17,400 00 

Quincy (111.) city bonds 12,000 00 13,080 00 

New England R.R. bonds, .... 10,00000 13,90000 

Maine Central R.R. bonds, .... 20,000 00 21,200 00 

St. Johnsbury & Lake Champ. R.R. bonds, . 20,000 00 26,600 00 

Chicago Sanitary bonds, . . . . 20,000 00 21,800 00 

Swift & Co. bonds 5,000 00 5,250 00 

Marblehead water bonds, 10,000 00 11,300 00 

Ogdensburg & Lake Champlain R.R. bonds, . 20,000 00 20,000 00 

Rutland Canadian R.R. bonds, .... 20,000 00 20,000 00 



$382,900 00 $467,476 50 



TKADEKS' AND MECHANICS' MUTUAL FIRE INSURANCE CO. 75 



Securities held as collateral for cash loans : — 

35 shares Criterion Knitting Co 

12 " N. E. Tel. & Telegraph Co., . 



Market Value. Loaned Thereon. 

$5,250 00 $5,000 00 
1,500 00 1,000 00 



Summary op Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens) , 

Interest due or accrued thereon, 

Stocks, bonds, etc., as per schedule, 

Loans on collateral security, as per schedule, 

All other cash loans, 

Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$17,250 00 

120,665 60 

2,765 66 

467,476 50 

6,000 00 

30,230 40 

3,019 86 

16,810 94 

1,392 83 

14,049 31 



$6,750 00 $6,000 00 



$679,661 10 



Liabilities. 

Unearned premiums on outstanding risks, . $320,029 57 

Profits or surplus on terminated policies, unpaid, 4,740 80 

Commissions and brokerage, .... 1,952 20 

Gross liabilities, 



326,722 57 



Net cash assets, $352,938 53 



Income. 
Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Received for extra premiums, . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



$11,597 16 
180,300 45 

$191,897 61 
14,049 31 

$177,848 30 
7,174 24 



$170,674 06 

874 68 

7,120 22 

23,769 99 



Gross cash income, $202,438 95 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for commissions and brokerage, 



$76,725 75 
91,471 70 
25,976 36 



76 WESTERN MASSACHUSETTS MUTUAL FIRE INSURANCE CO. 

Cash paid for salaries of officers and employees, . . . $25,180 80 

for State and local taxes, 2,522 61 

for rents, 1,600 00 



Gross cash expenditures, $223,477 22 

Risks and Premiums. 

Amount. Cash Prem'a. Conting't Prem'B. 

Risks outstanding Dec. 31, 1899, $44,287,212 00 f 673,421 29 $673,421 29 

Risks written during 1900, 11,661,062 00 180,300 45 180,300 45 

Total, $55,948,274 00 $853,721 74 $853,721 74 

Risks terminated during 1900, . 13,182,883 00 206,653 61 206,653 61 

In force at end of year, . .$42,765,39100 $647,068 13 $647,068 13 

Deduct amount reinsured, . 10,000 00 154 26 154 26 



Net amount in force, . . $42,755,391 00 $646,913 87 $646,913 87 

Miscellaneous. 

Losses incurred during the year, $76,726 00 

Profits or surplus returned during 1900, 20, 40 and 70 per cent. 



WESTERN MASSACHUSETTS MUTUAL FIRE INSURANCE 
COMPANY, SPRINGFIELD. 

[Incorporated Jan. 18, 1S94. Commenced business Feb. 15, 1S94.] 
ELISHA MORGAN, President. CHAS. E. STICKNEY, Secretary. 

Summary of Assets Dec. 31, 1900. 
Cash in the office of the company, . . . $738 78 

Cash in hands of collecting agents, . . . 119 95 

Due on account of assessments, 851,238 49 

Gross assets, $858 73 



Liabilities. 
Unearned premiums on outstanding risks, 
Returned premiums on cancelled policies, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 

Gross liabilities, 

Balance against the company, . 



$1 25 

3,189 19 

8,065 15 

2 82 



11,258 41 
$10,399 68 



Income. 
Premiums on risks written or renewed, ..... $2 50 

Received from assessments, 133 24 



Gross cash income, $135 74 



WEST NEWBUKY MUTUAL FIRE INSURANCE CO. 



77 



Expenditures. 

Cash paid for State and local taxes, 
Cash paid for incidentals, . 



Gross cash expenditures, 



$2 83 
78 24 



$81 07 



Risks and Premiums. 



Risks outstanding Dec. 31, 1899, 
Risks written during 1900, 

Total, 

Risks terminated during 1900, . 

In force at end of year, . 



Amount. 

$500 00 
500 00 

1,000 00 
500 00 

$500 00 



Cash Prem's. Conting't Prem's. 

$2 50 $7 50 
2 50 7 50 



$5 00 
2 50 



$15 00 
7 50 



$2 50 



$7 50 



WEST NEWBURY MUTUAL FIRE INSURANCE COMPANY, W T EST 

NEWBURY. 

[Incorporated March, 1828. Commenced business April, 1828.] 

RICHARD NEWELL, President. MYRON H. GOODWIN, Secretary. 

[Note. — This company charges no cash premiums, but relies upon assessments on 
deposit notes to pay losses and expenses.] 

Summary of Assets Dec 31, 1900. 

Cash in the office of the company, 
Cash deposited in bank, . 
Unpaid assessments, . 
Office furniture, 
Gross assets, 



Losses adjusted, unpaid, . 
Losses claimed and reported, 
Due for borrowed money, 
Commissions and brokerage, 
Gross liabilities, . 



ny, . 


$63 57 


. ■ . • 


458 47 


. • . . 


190 47 


. $75 00 




Liabilities. 






$1,400 00 




400 00 




5,008 89 




68 48 



2 51 



►,877 37 



Income. 

Interest and dividends received from all sources, 

Income from policy fees, 

Assessments on deposit notes, .... 



U 25 

233 00 

1,452 69 



Gross cash income, 



f 1,689 94 



78 



WHITING MUTUAL INSURANCE CO. 



Expenditures. 

Cash paid for losses, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for interest on borrowed money, 
for incidentals, .... 



Gross cash expenditures, 



$3,206 82 


199 81 


470 40 


46 06 


21 25 


83 89 


72 04 



$4,100 27 



Risks outstanding Dec. 31, 1899, 
Risks written during 1900, 

Total, 

Risks terminated during 1900, . 

In force at end of year, 



Miscellaneous 
Losses incurred during the year, 



Risks and Premiums. 

Amount. Conting't Prem's. 

$2,111,076 00 $127,364 77 

174,845 00 11,867 15 



$2,285,921 00 $139,231 92 
405,196 00 22,151 56 



$1,880,725 00 $117,080 36 



|5,007 00 



WHITING MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated Nov. 9, 1898. Commenced business Jan. 1, 1899.] 
CHARLES E. STEVENS, President. BENJAMIN TAFT, Secretary. 

31 Milk Street. 



Detailed Statement of Stocks, Bonds, etc. 



Chicago Terminal Transfer R.R. bonds, . 
American Bell Telephone Co. bonds, 
New Eng. Tel. & Tel. bonds, . 
American Tel. & Tel. bonds, . 



Par Value. 

$5,000 00 
5,000 00 
4,000 00 
3,000 00 



Market Value. 

$4,750 00 
5,000 00 
4,520 00 
2,970 00 



$17,000 00 $17,240 00 



Summary of Assets Dec. 31, 1900. 
Stocks, bonds, etc., as per schedule,. . . $17,240 00 



Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



168 74 
6,114 16 

322 50 
1,571 48 



$25,416 88 



WHITING MUTUAL INSURANCE CO. 



79 



Liabilities. 

Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, 



Net cash assets, 



$927 66 




17,834 07 




17 65 






$18,779 38 





$6,637 50 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Interest and dividends received from all sources, 



$1,279 99 
19,593 04 

$20,873 03 
1,571 48 

$19,301 55 
407 75 



Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 

Gross cash expenditures, .... 



$18,893 80 


623 49 


$19,517 29 


$2,580 34 


2,012 53 


1,500 00 


155 75 


872 83 



',121 45 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $1,778,933 00 
Risks written during 1900, . 2,582,047 00 



Total,. 
Risks terminated during 1900, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$4,360,980 00 
860,930 00 

$3,500,050 00 
163,260 00 



Cash Prem's. Conting't Prem's. 

$15,970 47 $31,940 94 
19,593 04 39,186 08 



$35,563 51 
4,521 56 

$31,041 95 
407 75 



$71,127 02 

9,043 12 

$62,083 90 

815 50 



$3,336,790 00 $30,634 20 $61,268 40 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 75 per cent. 



$3,508 00 



80 WORCESTER MANUFACTURERS' MUTUAL INSURANCE CO. 



WORCESTER MANUFACTURERS' MUTUAL INSURANCE COM- 
PANY, WORCESTER. 

[Incorporated March 31, 1855. Commenced business March 31, 1855.] 

WALDO E. BUCK, President. CHARLES S. BACON, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 

Par Value. 

City National Bank (Worcester) stock, . . $6,000 00 

Connecticut River R.R. stock, .... 10,000 00 

Norwich & Worcester R.R. stock, . . . 5,200 00 

Union Pacific R.R. stock (preferred), . . 10,000 00 

Northwestern Tel. Co. stock, .... 10,000 00 

Concord & Montreal R.R. bonds, . . . 20,000 00 

Boston & Lowell R.R. bonds, . 20,000 00 

Chicago, Burlington & Quincy R.R. bonds, . 22,000 00 

Chicago & Eastern Illinois R.R. bonds, . . 15,000 00 

Rutland R.R. bonds 10,000 00 

Old Colony R.R. bonds, 15,000 00 

Fitchburg R.R. bonds, 15,000 00 

Boston & Maine R.R. bonds, .... 20,000 00 

Union Pacific R.R. bonds 5,000 00 

Oregon Short Line R.R. bonds, . . . 5,000 00 

Oregon R'y & Navigation Co. bonds, . . 10,000 00 

Atchison, Topeka & Santa Fe R.R. bonds, . 15,000 00 

Central R.R. of New Jersey bonds, . . . 10,000 00 

Ogdensburg & Lake Champlain R.R. bonds, . 10,000 00 

Wisconsin Central R.R. bonds, . . . 10,000 00 

Chic. June. R'y & Union Stock Yard Co. bonds, 6,000 00 

Connecticut River R.R. scrip, .... 13,000 00 

West End Street Railway bonds, . . . 10,000 00 

Old Colony Steamboat Co. bonds, . . . 15,000 00 

American Bell Telephone Co. bonds, . . 25,000 00 

American Tel. & Tel. Co. bonds, . . . 10,000 00 



Market Value. 

$7,500 00 

27,500 00 

11,440 00 

8,300 00 

12,500 00 

22,400 00 

23,200 00 

22,000 00 

16,800 00 

10,350 00 

16,950 00 

16,650 00 

25,600 00 

5,350 00 

5,850 00 

10,300 00 

15,375 00 

12,900 00 

10,500 00 

8,700 00 

6,660 00 

13,000 00 

10,900 00 

15,600 00 

25,000 00 

9,900 00 



$322,200 00 $371,225 00 



Summary of Assets Dec. 31, 1900. 



Stocks, bonds, etc., as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$371,225 00 

25 40 

41,672 79 

5,129 00 

3,500 06 



$421,552 25 



WORCESTER MANUFACTURERS* MUTUAL INSURANCE CO. 81 



Liabilities. 
Unearned premiums on outstanding risks, . $178,540 54 

State and local taxes, 907 95 

Advanced premiums, 676 89 

Gross liabilities, 



$180,125 38 



Net cash assets, $241,426 87 



Income. 

Premiums outstanding Dec. 31, 1899, . . $5,890 50 

Premiums on risks written or renewed, . . 374,022 49 

Total, $379,912 99 

Premiums now in course of collection, . . 3,500 06 

Entire premiums collected, .... $376,412 93 
Less reinsurance and return premiums, . . 16,149 62 

Net cash premiums received, .... 

Interest and dividends received from all sources, . 

Gross cash income, 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for inspections, etc., 

for incidentals, .... 

Gross cash expenditures, .... 



Risks and Premiums. 

Amount. Cash Prem's. 

Risks outstanding Dec. 31, 1899, $41,652,449 00 $319,842 27 
Risks written during 1900, . 49,115,687 00 374,022 49 



Total, $90,768,136 00 $693,864 76 

Risks terminated during 1900, . 44,073,566 00 336,783 67 



$360,263 31 
15,672 07 

$375,935 38 



$17,887 44 
297,725 67 
9,292 60 
3,559 46 
1,000 00 
5,623 08 
1,795 03 

$336,883 28 



Conting't Prem's. 

$1,599,211 35 
1,870,112 45 

$3,469,323 80 
1,683,918 35 



In force at end of year, . .$46,694,570 00 $357,081 09 $1,785,405 45 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during the year, 92 ^^ per cent. 



$17,309 00 



82 



WORCESTER MUTUAL FIRE INSURANCE CO. 



WORCESTER MUTUAL FIRE INSURANCE COMPANY, 

WORCESTER.. 

[Incorporated Feb. 11, 1823. Commenced business May 1, 1824.] 

JOHN A. FAYERWEATHER, President. ROGER F. UPHAM, Secretary. 

Amount of permanent fund, $420,000 00 



Detailed Statement of Stocks, 

85 shares Worcester National Bank, 
22 
50 
200 
34 
45 
40 
10 
15 
20 
25 



Central National Bank, . 
Citizens 1 National Bank, . 
City National Bank, 
Mechanics' National Bank, 
Quinsigamond National Bank, 
Fitchburg Nat'l Bank, Fitchburg, 
Oxford National Bank, Oxford, 
Blackstone Nat'l Bank, Uxbridge, 
First Nat'l Bank, Westborough, 
Wachusett Nat'l Bank, Fitchburg, 
Boston & Maine R.R. bonds, . 
Boston & Albany R.R. bonds, . 
Cincin., Hamilton & Dayton R.R. bonds, 
Portland & Rumford Falls R.R. bonds, 
Fitchburg R.R. bonds, 
N. Y., New Haven & Hartford R.R. bonds, 
Worcester, Nashua & Rochester R.R. bonds, 
Maine Central R.R. bonds, 
Penobscot Shore Line R.R. bonds, 
Michigan Central R.R. bonds, . 
West End Street Railway bonds, 
Rutland R.R. bonds, . 
Old Colony R.R. bonds, . 
Illinois Central R.R. bonds, 
Chic, Burl. & Quincy R.R. bonds, 
Hum., Cedar Falls & St. Paul R.R bonds, 
St. Paul, Minn. & Manitoba R.R. bonds, . 



Securities held as collateral for cash loans : — 

60 shares Howard Bros Mfg. Co., . 

Illinois Central R.R. bond, .... 

Mechanics' Savings Bank book, 



Bonds, etc. 

Par Value. 

$8,500 00 

2,200 00 

5,000 00 

20,000 00 

3,400 00 

4,500 00 

4,000 00 

1,000 00 

1,500 00 

2,000 00 

2,500 00 

15,000 00 

10,000 00 

12,000 00 

10,000 00 

25,000 00 

10,000 00 

8,000 00 

5,000 00 

5,000 00 

6,000 00 

5,000 00 

3,000 00 

20,000 00 

26,000 00 

15,000 00 

5,000 00 

10,000 00 



Market Value. 

$13,600 00 

2,860 00 

7,000 00 

25,000 00 

3,400 00 

6,525 00 

6,000 00 

1,000 00 

1,500 00 

2,000 00 

3,125 00 

17,000 00 

10,800 00 

12,960 00 

10,500 00 

27,000 00 

11,200 00 

8,480 00 

5,400 00 

5,250 00 

6,480 00 

5,000 00 

3,000 00 

21,600 00 

26,000 00 

15,000 00 

5,250 00 

11,000 00 



$244,600 00 $273,930 00 



Market Value. 



16,000 00 
1,000 00 
1,000 00 



Loaned Thereon. 

$5,000 00 

1,000 00 

500 00 



$8,000 00 $6,500 00 



WORCESTER MUTUAL FIRE INSURANCE CO. 



83 



Summary of Assets Dec. 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, . 
Loans on collateral security, as per schedule, 

All other cash loans, 

Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



31, 1900. 

$100,000 00 

366,681 00 

7,351 94 

273,930 00 

6,500 00 

1,975 00 

1,554 55 

24,302 92 

4,371 13 

12,697 11 

773 23 



$800,136 88 



Liabilities. 

Losses adjusted, unpaid, $2,000 00 

Unearned premiums on outstanding risks, . 308,608 35 

Return premiums on cancelled policies, . . 660 39 

Profits or surplus on terminated policies, unpaid, 2,832 54 

Due and accrued for repairs on real estate, . 5,000 00 

Commissions and brokerage, .... 3,824 67 

Gross liabilities, 



322,925 95 



Net cash assets, $477,210 93 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 



Entire premiums collected, .... $151,501 18 

Less reinsurance and return premiums, . . 5,472 62 

Net cash premiums received, . 

Received for extra premiums, . 

Interest and dividends received from all sources, . 

Received on account of damage to office building by fire, 

Income from rents, 



$11,716 77 

152,481 52 

$164,198 29 

12,697 11 



Gross cash income, 



- $146,028 56 

590 20 

29,351 49 

871 75 

7,745 21 

. $184,587 21 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$•2-26,200 00 
404,500 00 
377,050 00 



84 



WORCESTER MUTUAL FIRE INSURANCE CO. 



Expenditures. 

Cash paid for losses, 

Deduct salvage, 

Net cash paid for losses, 

Cash paid as profits on terminated policies, . 
for commissions and brokerage, 
for salaries of officers and employees, 
for State and local taxes, etc., . 
for expense on real estate, 
for incidentals, .... 

Gross cash expenditures, .... 



$33,367 69 
19 07 



$33,348 62 

82,907 17 

20,164 41 

14,557 83 

4,639 22 

9,577 09 

5,847 56 

$171,041 90 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $43,068,893 00 $606,60102 $606,60102 

Risks written during 1900, . 10,581,290 00 152,481 42 152,481 42 



Total, .... $53,650,183 00 $759,082 44 $759,082 44 

Risks terminated during 1900, . 10,203,515 00 148,096 93 148,096 93 



In force at end of year, 



.$43,446,668 00 $610,985 51 $610,985 51 



Miscellaneous. 

Losses incurred during the year, $35,368 00 

Profits or surplus returned during 1900, 25, 50 and 70 per cent. 



AGGREGATE. 





$100,000 


Assets. 






$11,643,453 


Liabilities. 




Gross present liabilities, 


$5,560,649 


Income. 




Cash received for premiums during the year, . 


$5,654,423 


for interest and dividends, .... 


430,630 


for assessment on deposit notes, . 


6,140 


for rents, 


22,866 


from all other sources, 


36,806 


Gross cash income, 


$6,150,865 


Expenditures. 




Cash paid for losses, 


$1,131,494 


for brokerage and commissions on premiums, . 


265,230 


for salaries and fees of officers and employees, . 


307,352 


for interest on borrowed money, 


776 


for State and local taxes, 


72,925 


for rents, 


19,351 


for return of profits or surplus, .... 


3,774,013 


for dividends on guaranty capital, 


7,000 


for all other expenditures, 


265,187 


Total expenditures, 


$5,843,328 


General Items. 




Risks written during the year, ...... 


$629,380,446 


terminated during the year, 


579,356,564 


outstanding at end of year, 


946,323,400 


Amount of contingent premiums received thereon, 


26,249,281 


of losses incurred during the year, 


1,119,595 


of permanent fund, 




4,116,879 



MASSACHUSETTS 



Mutual Fire-Marine Insurance Companies. 



Detailed Statement of Assets and Liabilities, with Abstract 

op Annual Statements, for the Year ending 

December 31, 1900. 



88 



CHINA MUTUAL INSURANCE CO. 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



CHINA MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated April 30, 1S53. Commenced business Oct. 1, 1853.] 
EDMUND A. POOLE, President. WILLIAM H. LORD, Secretary. 

Office, 70 Kilby Street. 



Detailed Statement of Stocks and Bonds. 

Par Valae. 

300 shares N. Y., New Haven & Hart. R.R., . $30,000 00 
200 " Boston & Albany Railroad, . . 20,000 00 

Atlantic Mutual Insurance Co. scrip, . . 1,210 00 



Market Value. 

$50,800 00 

63,000 00 

1,210 00 



$51,210 00 $115,010 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Reinsurance due on losses paid, 

Bills receivable, 

Gross assets, 



$115,010 00 
10,545 31 
22,357 31 
62,967 99 
41,540 48 
4,000 00 
5,000 00 



$261,421 09 



Liabdlities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Unpaid scrip ordered to be redeemed, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, etc., . 
Gross liabilities, except scrip, . 

Surplus as regards policy holders, 
Scrip outstanding, not ordered to be redeemed, 

Impairment of scrip reserve, . 



$10,830 00 
30,036 00 

$40,866 00 
2,000 00 

$38,866 00 

145,687 37 

60 00 

1,000 00 

3,000 00 



188,613 37 

|72307 72 

506,090 00 

$433,282 28 



CHINA MUTUAL INSURANCE CO. 



89 



Income. 

Marine premiums outstanding Dec. 31, 1899, . $63,868 60 
Premiums on risks written or renewed, . . 483,574 52 

Total, $547,443 12 

Premiums now in course of collection, . . 62,967 99 

Entire premiums collected, .... $484,475 13 
Less reinsurance and return premiums, . . 83,233 90 

Net cash marine premiums received, . . 

Interest and dividends received from all sources, . 

Gross cash income, 



$401,241 23 
1,737 53 

$402,978 76 



Expenditures. 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for rent and incidentals, . 

Gross cash expenditures, .... 



$323,263 57 
53,784 51 



$269,479 06 

27,260 23 

18,275 00 

4,708 98 

9,677 30 

$329,400 57 



Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated; 

In force at end of year, 
Deduct amount reinsured, 



Net amount in force, . 



Risks and Premiums. 

Premiums. 

. $6,013,784 00 $140,408 68 
. 34,107,048 00 483,574 52 



$40,120,832 00 $623,983 20 
31,056,205 00 371,642 89 



$9,064,627 00 $252,340 31 
407,129 00 21,326 83 



$8,657,498 00 $231,013 48 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Marine and inland losses incurred during the year, 



$18,122,512 00 

. 12,974,879 00 

172,857 00 



90 



INDIA MUTUAL INSURANCE CO. 



INDIA MUTUAL INSURANCE COMPANY, BOSTON. 

[Incorporated March 29, 1867. Commenced business May 2, 1867.] 

Guaranty Fund paid up in Notes, $140,000. 

H. B. ALDEN, President. GEO. H. CROWELL, Secretary. 

Office, 107 Water Street. 



Detailed Statement of Stocks, 



150 shares Old Colony R.R., . 
80 " Boston & Maine R.R., . 

125 " West End R.R., 

100 « N. Y., New Haven & Hart. R.R., 
25 " Fitchburg R.R., 
10 " Boston & Albany R.R., . 
10 " Pullman Palace Car Co., 
10 " Southern Oregon Co., 
25 " National Tube, preferred, 

Long Island R.R. bonds, .... 

Company's own scrip, . . $5,801 00 



Bonds, etc. 

Par Value. 

$15,000 00 
8,000 00 
6,250 00 
10,000 00 
2,500 00 
1,000 00 
1,000 00 
1,000 00 

• 2,500 00 
2,000 00 



Market Value. 

$30,450 00 

15,600 00 

14,062 00 

21,150 00 

3,500 00 

2,540 00 

2,000 00 

250 00 

2,650 00 

2,260 00 



$49,250 00 $94,462 00 



Summary of Assets Dec. 31, 1900. 

Stocks and bonds, as per schedule, . . . $94,462 00 

Cash in the office of the company, . . . 1,017 95 

Cash deposited in bank, 1,017 34 

Premiums in course of collection (gross), . 9,370 88 
Subscription notes on time not exceeding twelve 

months, not yet due 140,000 00 

Prem's more than three mos. due, $275 78 

Gross assets, 



$245,868 17 



Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Interest due or accrued on scrip, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 



$500 00 

3,594 14 

2,248 78 

$6,342 92 

37 50 

$6,305 42 

35,921 68 

595 38 

125 33 

2,061 40 



INDIA MUTUAL INSURANCE CO. 



91 



Reinsurance, 

Reinsurance disallowed, 

Gross liabilities, except guaranty fund, . 

Surplus as regards policy holders, . 

Guaranty fund, 

Scrip outstanding, not ordered to be redeemed, 



$182 21 

18 27 


|45,209 69 

$200,658 48 

290,471 00 


0140,000 00 
150,471 00 





Surplus over capital, 



,812 52 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $3,959 79 

Premiums on risks written or renewed, . . 69,469 77 

Total, $73,429 56 

Premiums now in course of collection, . . 9,646 66 

Entire premiums collected, .... $63,782 90 

Less reinsurance and return premiums, . . 11,196 41 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Income from rents, etc., 



$52,586 49 

3,447 87 

70 00 



Gross cash income, , $56,104 36 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 
Net cash paid for fire losses, .... 
Interest paid scrip holders, .... 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



$34,176 54 
780 88 



Fire risks outstanding Dec. 31, 1899, # 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, 



$5,328,457 00 

6,144,050 00 

$11,472,507 00 

5,201,745 00 

$6,270,762 00 

392,509 00 



$33,395 66 

1,446 11 

11,378 59 

6,764 50 

356 93 

2,901 12 

$56,242 91 



Premiums. 

$61,459 76 
69,469 77 

$130,929 53 
57,303 49 

$73,626 04 
4,027 69 



$5,878,253 00 $69,598 35 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 



$3,762,324 00 

2,714,296 00 

35,869 00 



AGGREGATE. 



Whole amount of guaranty fund, in subscription notes, 
Whole amount of outstanding scrip not cancelled, . 



Gross present assets, 



Assets. 



Liabilities. 
Gross present liabilities, 

Income. 
Cash actually received for fire premiums, . 

actually received for marine premiums, . 
for interest and dividends from all sources, 
from all other sources, 

Gross cash income, 

Expenditures. 

Cash actually paid during the year for fire losses, 

actually paid during the year for marine losses, 
for brokerage and commissions on premiums, 
for salaries and pay of officers and employees, 
for State and local taxes, .... 
for office agency and incidental expenses, . 

Interest paid scrip holders, 

Gross cash expenditures, .... 

Miscellaneous. 
Whole amount of fire risks written during the year, 
premiums charged or receivable thereon, 
marine risks written during the year, 
premiums charged or receivable thereon, 
fire risks terminated during the year, 
marine risks terminated during the year, 
fire risks outstanding at end of year, 
marine risks outstanding at end of year, 
fire losses incurred during the year, 
marine losses incurred during the year, 



* 140,000 
656,561 



$507,289 
$233,823 



$52,587 

401,241 

5,185 

70 

§459,083 



833,396 

269,479 

38,639 

25,039 

5,065 

12,580 

1,446 

§385,644 



$6,144,050 

69,470 

34,107,048 

483,575 

5,201,745 

31,056,205 

5,878,253 

8,657,498 

35,869 

172,857 



MASSACHUSETTS 

JOINT-STOCK FIRE, MAEINE AND FIRE-MARINE 

INSURANCE COMPANIES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1900. 



94 



AMERICAN INSURANCE CO. 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



AMERICAN INSURANCE COMPANY, BOSTON. 

[Incorporated June 12, 1818. Commenced business June 18, 1818.] 

Paid-up Capital, $300,000. 

FRANCIS PEABODY, President. HENRY S. BEAN, Secretary. 

Office, 30 Kilby Street. 



Detailed Statement of Stocks 



62 " New England National Bank, 

66 " Suffolk National Bank, . 
152 " State National Bank, 
280 " National Union Bank, . 
100 " Merchants' National Bank, 

28 " Tremont National Bank, . 

69 " Washington National Bank, . 
193 " National Shawmut Bank, 
578 " Boston & Albany R.R., . 

13 " Boston & Lowell R.R., . 
200 " Old Colon}- Railroad, 

80 " Merrimack Manufacturing Co., 
Chicago, Burl. & Quincy R.R. bonds, 

Eastern R.R. bonds, 

Chic, Mil. & St. Paul R.R. bonds, . 
Cincinnati, Ind., St. Louis & Chic. R.R. bonds 
Massachusetts State bonds, 
United States bonds, .... 

Boston Terminal Co. bonds, 



and Bonds. 

Par Value. 

$22,200 00 

6,200 00 

6,600 00 

15,200 00 

28,000 00 

10,000 00 

2,800 00 

6,900 00 

19,300 00 

57,800 00 

6,500 00 

20,000 00 

8,000 00 

48,000 00 

20,000 00 

25,000 00 

40,000 00 

18,000 00 

6,000 00 

20,000 00 



Market Value. 

$22,200 00 

8,742 00 

7,326 00 

16,340 00 

37,240 00 

16,400 00 

280 00 

7,452 00 

32,906 50 

144,500 00 

15,665 00 

40,600 00 

8,720 00 

48,000 00 

22,800 00 

32,500 00 

41,600 00 

19,215 00 

8,280 00 

23,100 00 



$386,500 00 $553,866 50 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Reinsurance due on losses paid, 

Gross assets, 



$553,866 50 

1,992 36 

19,189 39 

2,802 82 

46,640 11 

142 33 



$624,633 51 



AMERICAN INSURANCE CO. 



95 



Liabilities. 

Losses adjusted, unpaid, .... 
Losses claimed and reported, . 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$3,232 17 
14,969 10 

$18,201 27 
3,064 78 

$15,136 49 

170,340 17 

5,308 61 

249 12 

8,469 52 

10,959 83 

87 50 



Surplus over capital, 

Income. 

Fire premiums outstanding Dec. 31, 1899, . $32,951 13 
Premiums on risks written or renewed, . . 304,187 12 

Total $337,138 25 

Premiums now in course of collection, . . 46,640 11 

Entire premiums collected, .... $290,498 14 
Less reinsurance and return premiums, . . 78,501 99 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Gross cash income, 

Expenditures. 

Cash paid for fire losses, $162,097 96 

Deduct salvage and reinsurance, . . . 30,913 71 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 
Loss on Globe Bank stock, .... 
Loss on C. B. & Q. bond, 



$210,551 24 

$414,082 27 
300,000 00 

$114,082 27 



$211,996 15 
21,615 13 

$233,611 28 



$131,184 25 

9,000 00 

47,028 51 

20,681 14 

8,918 75 

17,633 85 

17,000 00 

10 00 



Gross cash expenditures, 



$251,456 50 



96 



BOSTON INSURANCE CO. 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $34,448,693 00 $368,704 93 
Fire risks written during 1900, . . . 28,844,803 00 304,187 12 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $63,293,496 00 $672,892 05 
. 25,241,598 00 264,115 54 



.$38,051,898 00 $408,776 51 
. 7,477,763 00 84,579 32 



. $30,574,135 00 $324,197 19 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (3 per cent.), . 
Company's stock owned by directors, 



$12,798,106 00 

8,603,318 00 

123,531 00 

2,860,500 00 

9,000 00 

39,700 00 



BOSTON INSURANCE COMPANY, BOSTON. 

[Incorporated Dec. 23, 1873. Commenced business Jan. 20, 1S74.] 

Paid-up Capital, $1,000,000. 

RANSOM B. FULLER, President. THOMAS H. LORD, Secretary. 

Office, 95 Kilby Street. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Boston eity bonds, $125,000 00 $138,875 00 

Chicago, Burl. & Quincy R.R. bonds, . . 10,000 00 10,330 00 

Brookline Gas Light Co. bonds, . . . 25,000 00 27,406 25 

Newton city bonds, 25,000 00 28,000 00 

West Shore R.R. bonds, 5,000 00 5,800 00 

Boston & Lowell R.R. bonds 25,000 00 28,312 50 

Oregon Short Line R.R. bonds, . . . 10,500 00 13,485 00 

Louisville, Evansville & St. Louis R.R. bonds, 2,000 00 1,800 00 

Fitchburg R.R. bonds 35,000 00 39,312 50 

Wisconsin Central R.R. bonds, . . . 12,000 00 10,650 00 

Illinois Central R.R. bonds 25,000 00 25,781 25 

N. Y. Central & Hudson River R.R. bonds, . 20,000 00 19,650 00 

Old Colony R.R bonds, 15,000 00 16,800 00 

Atchison, Topeka & Santa Fe R.R. bonds, . 86,000 00 83,240 00 

Toledo, St. Louis & Kansas City R.R. bonds, . 20,000 00 26,000 00 



BOSTON INSURANCE CO. 



97 



Great Britain exchequers, .... 

475 shares American Tel. & Tel. Co., 

350 " Boston & Albany R.R., . 

100 " Boston & Lowell R.R., . 

540 " Chic, Burl. & Quincy R.R. Co., 

250 " Fitchburg R.R. Co., . 

297 " Iron Railway Co., . 

600 " N. Y. Cent. & Hud. River R.R. Co 

300 " N. Y., New Haven & Hart. R.R. Co 

100 " Old Colony R.R. Co., 

300 " Pullman Palace Car Co., 

50 " Conn. & Passumpsic Riv. R.R. Co., 

565 " Atch., Topeka & Santa Fe R.R. Co. 

400 " Union Pacific R.R. Co., . 

120 " Wisconsin Central R'y Co., . 

200 " Chicago, Milwaukee & St. Paul R'y 

600 " Pennsylvania R.R. Co., . 

530 " Tol., St. Louis & Kan. City R.R. Co. 

200 " Manchester Mills, 

100 " Atlantic Bank, . 

110 " Atlas Bank, 

130 " Beverly Bank, . 

100 " Brookline Bank, 

182 " Commercial Bank, 

300 " Eliot Bank, . 

100 " Exchange Bank, 

100 " First Bank, 

100 " First Bank, Salem, 

125 " Freeman's Bank, 

17 " Grand Bank, Marblehead, 

110 " Hide & Leather Bank, . 

166 " Lincoln Bank (in liquidation), 

250 " Massachusetts Bank, 

100 " Mercantile Bank, Salem, 

250 " Merchants' Bank, . 

100 " Merchants' Bank, Salem, 

200 " National Shawmut Bank, 

100 " Naumkeag Bank, Salem, 

150 " New England Bank, 

100 " Old Boston Bank, . 

50 " Railroad Bank, Lowell, 

150 " Republic Bank, 

200 " Second Bank, . 

300 " State Bank, . 

67 " Suffolk Bank, . 

50 M Tremont Bank (in liquidation), 



Par Value. 

$14,535 00 
47,500 00 
35,000 00 
10,000 00 
54,000 00 
25,000 00 
29,700 00 
60,000 00 
30,000 00 
■ 10,000 00 
30,000 00 

5,000 00 
56,500 00 
40,000 00 
12,000 00 
20,000 00 
30,000 00 
53,000 00 
20,000 00 
10,000 00 
11,000 00 
13,000 00 
10,000 00 
18,200 00 
30,000 00 
10,000 00 
10,000 00 
10,000 00 
12,500 00 

1,700 00 
11,000 00 

1,660 00 
25,000 00 
10,000 00 
25,000 00 

5,000 00 
20,000 00 
10,000 00 
15,000 00 
10,000 00 

5,000 00 
15,000 00 
20,000 00 
30,000 00 

6,700 00 

2,500 00 



Market Value. 

$14,244 30 
73,625 00 
88,900 00 
24,200 00 
76,882 50 
35,000 00 
14,850 00 
86,700 00 
63,450 00 
20,350 00 
60,600 00 

8,100 00 
50,285 00 
33,406 25 

3,570 00 
29,325 00 
44,662 50 
10,600 00 
19,200 00 
11,612 50 
11,275 00 
18,590 00 
12,500 00 
25,480 00 
42,900 00 
14,000 00 
18,000 00 

8,500 00 
12,500 00 

1,972 00 
11,715 00 

1,660 00 
25,000 00 
10,225 00 
41,062 50 

6,500 00 
34,000 00 
12,600 00 
21,112 50 
10,000 00 

6,287 50 
21,000 00 
35,000 00 
32,250 00 

7,437 00 

2,500 00 



$1,370,995 00 $1,689,072 05 



98 



BOSTON INSUEANCE CO. 



Securities held as collateral for cash loans : — 

Market Value. Loaned Thereon. 

83 shares Boston Safe Deposit and Trust Co.,. $18,675 00 $15,000 00 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $20,000 00 

Loans on mortgage of real estate (first liens *) , 1 ,035,850 00 

Interest due or accrued thereon, . . . 5,864 26 

Stocks and bonds, as per schedule, . . . 1,689,072 05 

Loans on collateral security, as per schedule, . 15,000 00 

Cash in the office of the company, . . . 15,091 29 

Cash deposited in bank, 284,343 85 

Interest due and accrued, 3,555 18 

Premiums in course of collection (gross), . 252,503 31 

Notes taken for fire, marine and inland risks, . 92,817 62 

Atlantic Mutual Insurance Co. scrip, . . 1,750 00 
Prem's more than three mos. due, $9,642 55 
Matured notes not paid, . . 9,884 57 

Gross assets, 



$3,415,847 56 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



Income 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 



$17,758 18 
158,238 76 

?175,996 94 
4,092 69 

$171,904 25 

681,844 20 

28,462 36 

6,767 88 

450 24 



- 889,428 93 

. $2,526,418 63 
. 1,000,000 00 



$1,526,418 63 



$75,773 13 
830,068 44 

$905,841 57 
52,546 42 

$853,295 15 
211,601 97 



$641,693 18 



* Value of property mortgaged, 
Amount of insurance held as collateral, 



$2,387,100 00 
S78.700 00 



BOSTON INSURANCE CO. 



99 



Marine premiums outstanding Dec. 81, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Gross cash income, .... 



Expenditures. 

Cash paid for fire losses, $470,110 20 

Deduct salvage and reinsurance, . . . 91,427 19 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, . . $475,005 71 

Deduct salvage and reinsurance, . . . 95,959 10 

Net cash paid for marine and inland losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for repairs on real estate, 

for assessment on Globe National Bank stock, 

for incidentals, 

Gross cash expenditures, . 

Risks and Premiums. 



$266,345 12 
1,116,152 76 

$1,382,497 88 
312,301 63 

$1,070,196 25 
193,453 48 



sources, 



$876,742 77 

39,258 53 

69,284 35 

1,733 99 

6,227 45 

$1,634,940 27 



Risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total,. 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $65,354,380 00 

. 77,636,469 00 

$142,990,849 00 

. 57,649,412 00 

.$85,341,437 00 

. 11,635,991 00 



$378,683 01 



379,046 61 

100,000 00 

222,390 36 

125,843 36 

26,043 15 

462 26 

15,000 00 

92,722 80 

$1,340,191 55 

» 

Premiums. 

$662,239 92 
830,068 44 

$1,492,308 36 
577,157 39 

$915,150 97 
118,370 77 



. $73,705,446 00 $796,780 20 



. $6,500,190 00 
. 163,376,724 00 

$169,876,914 00 
. 163,274,015 00 

. $6,602,899 00 
394,828 00 



$401,083 55 
1,116,152 76 

$1,517,236 31 
1,091,082 07 

$426,154 24 
22,692 26 



$6,208,071 00 $403,461 98 



100 



MERCANTILE FIRE AND MARINE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



131,367,090 00 

21,457,135 00 

478,826 00 

461,716 00 

2,230,000 00 

100,000 00 

74,400 00 



MERCANTILE FIRE AND MARINE INSURANCE COMPANY, 

BOSTON. 

[Incorporated Feb. 11, 1823. Commenced business May, 1823.] 

Paid-up Capital, $400,000. 

GEO. R. ROGERS, President. JAMES SIMPSON, Secretary. 

Office, 47 Kilby Street. 



Detailed Statement of Stocks 



Atlantic National Bank stock, . 

Globe National Bank stock, 

New England National Bank stock, 

Railroad National Bank stock, . 

State National Bank stock, 

Suffolk National Bank stock, . 

Tremont National Bank stock, . 

Union National Bank stock, 

Boston & Providence R.R. stock, 

Chicago, Burl. & Quincy R.R. stock 

Lyman, Mills stock, . 

Union Pacific R.R. stock, . 

City of Boston bonds, 

Kan. City, Ft. Scott & Memphis R.R. bonds, 

Oregon Ry. & Navigation Co. bonds 

Concord & Montreal R.R. bonds, 

Old Colony R.R. bonds, . 

Old Colony R.R. bonds, . 

City of Cambridge, Mass., bonds, 

Boston & Albany R.R. bonds, . 

Boston & Lowell R.R. bonds, . 

City of Lowell, Mass., bonds, . 

Boston & Maine R.R. bonds, . 

City of Taunton bonds, 

Fitchburg R.R. bonds, 

Fitchburg R.R. bonds, 

City of Providence, R. I., bonds, 

Boston Terminal Co. bonds, 



and Bonds. 

Par Value. 

$10,000 00 

30,000 00 

16,000 00 

1,800 00 

17,800 00 

35,600 00 

10,000 00 

20,000 00 

20,000 00 

11,000 00 

10,000 00 

3,500 00 

10,000 00 

5,000 00 

2,000 00 

10,000 00 

10,000 00 

15,000 00 

5,000 00 

15,000 00 

5,000 00 

5,000 00 

10,000 00 

5,000 00 

3,000 00 

1,000 00 

10,000 00 

15,000 00 



Market Value. 

$11,300 00 

22,400 00 

2,196 00 

18,334 00 

38,448 00 

26,000 00 

57,000 00 

15,400 00 

6,500 00 

2,835 00 

10,300 00 

5,600 00 

2,020 00 

10,600 00 

10,900 00 

16,050 00 

5,250 00 

15,450 00 

5,200 00 

5,500 00 

11,000 00 

5,500 00 

3,000 00 

1,050 00 

11,200 00 

16,950 00 

$311,700 00 $335,983 00 



MERCANTILE FIRE AND MARINE INSURANCE CO. 



101 



Summary of Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *) , $ 184,100 00 

Stocks and bonds, as per schedule, . . . 335,983 00 

Cash in the office of the company, . . . 827 31 

Cash deposited in bank, 23,415 42 

Premiums in course of collection (gross), . 28,789 14 
Prem's more than three mos. due, $1,041 56 

Gross assets, $573,114 87 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc , . 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$11,992 48 
8,172 00 

$20,164 48 
4,641 09 

$15,523 39 

122,466 04 

3,005 55 

14 50 

4,482 32 

3,275 85 



Surplus over capital, . 



148,767 65 

$424,347 22 
400,000 00 

$24,347 22 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $37,508 43 
Premiums on risks written or renewed, . . 273,904 51 

Total, $311,412 94 

Premiums now in course of collection, . . 29,830 70 

Entire premiums collected, .... $281,582 24 
Less reinsurance and return premiums, . . 122,796 19 

Net cash fire premiums received, . . . 

Cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



$158,786 05 

910 70 

7,226 12 

15,176 92 

$182,099 79 



* Value of lands mortgaged $201,225 00 

Value of buildings thereon, 187,900 00 

Amount of insurance held as collateral 194,050 00 



102 



NORTH AMERICAN INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$34,967,947 00 
. 26,740,609 00 

.$61,708,556 00 
. 23,984,104 00 

. $37,724,452 00 
. 11,840,548 00 



$114,254 56 

33,824 50 

22,186 02 

4,127 50 

29,985 86 

$204,378 44 

Premiums. 

$361,582 42 
273,904 51 

$635,486 93 
239,227 80 

$396,259 13 
116,284 20 



. 825,883,904 00 $279,974 93 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$9,362,924 00 

6,164,072 00 

101,726 00 

2,292,720 00 

31,600 00 



NORTH AMERICAN INSURANCE COMPANY, BOSTON. 

[Incorporated December, 1872. Commenced business Jan. 1, 1873.] 

Paid-up Capital, $200,000. 

CHARLES E. MACULLAR, President. CHARLES L. WOODSIDE, Secretary. 

Office, 59 Kilby Street. 
Detailed Statement of Stocks 

Newton city bonds, 

Chicago, Mil. & St. Paul R.R. bonds, 
Chicago, Burl. & Quincy R.R. bonds, 
Kan. City, Memp. & Birm. R.R. bonds, . 
Central R.R. of Vermont bonds, 
Ogdensburg & Lake Champlain R.R. bonds, 
Boston & Maine R.R. bonds, 
Union Pacific R.R. bonds, .... 
Balance due on 138 shares Boston National 

Bank (in liquidation), .... 
17 shares Exchange National Bank, 
29 " Hide & Leather National Bank, 



cks and Bonds. 




Par Value. 


Market Value. 


$15,000 00 


$18,000 00 


5,000 00 


9,350 00 


19,000 00 


19,900 00 


7,000 00 


5,875 00 


5,000 00 


4,500 00 


4,000 00 


3,920 00 


10,000 00 


12,800 00 


15,000 00 

i 


16,050 00 


i 


126 00 


1,700 00 


2,380 00 


2,900 00 


3,088 50 



NORTH AMERICAN INSURANCE CO. 



103 



150 shares Merchants' National Bank, 
143 " Old Boston National Bank, . 

50 " Shoe & Leather National Bank, 
100 " State National Bank, 

67 " Suffolk National Bank, . 

50 " Northern R.R., 
4 " Central R.R. of Vermont, 
Chicago June. & U. S. Y. R.R. Co. bonds, 
Fitchburg R.R. Co. bonds, 
New Britain, Conn., city bonds, 

Clinton town bonds, 

American Bell Telephone Co. bonds, 



Par Value. 

$15,000 00 

14,300 00 

5,000 00 

10,000 00 

6,700 00 

5,000 00 

400 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

25,000 00 



Market Value. 

$2-1,750 00 

14,300 00 

6,525 00 

10,750 00 

7,437 00 

8,250 00 

32 00 

11,250 00 

11,350 00 

10,750 00 

10,775 00 

25,000 00 



$206,000 00 $237,158 50 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest accrued thereon, .... 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Prem's more than three mos. due, $165 43 
Gross assets, . . . 

Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Dividends to stockholders unpaid, . 
Due for borrowed money, 
Commissions and brokerage, . 
Return premiums, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 

Surplus over capital, . 



$46,550 05 

59,050 00 

776 71 

237,158 50 

1,850 74 

1,624 14 

2,666 66 

37,827 40 

287 00 



$387,791 20 



$12,347 72 
4,317 84 

$16,665 56 
8,595 59 

$8,069 97 

121,739 00 

128 00 

35,000 00 

3,698 92 

212 25 

199 91 



169,048 05 

$218,743 15 
200,000 00 



,743 15 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$38,700 00 

1 78,700 00 

70,150 00 



104 



NORTH AMERICAN INSURANCE CO. 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, . . . . ' . 
Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 
Received from borrowed money, 

Gross cash income, 



$22,490 56 
218,981 58 

$241,472 14 
37,992 83 

$203,479 31 
62,086 65 



other sources, . 

$35,000 00 



$141,392 66 
3,911 17 
7,783 09 
1,895 54 

$154,982 46 



Expenditures. 

Cash paid for fire losses, $155,366 64 

Deduct salvage and reinsurance, . . . 29,368 67 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, .... 

for salaries of officers and employees, . 

for State and local taxes, . 

for incidentals, 

for assessment on Globe National Bank stock, 

Gross cash expenditures, 



$125,997 97 

3,872 00 

29,157 74 

19,290 00 

3,427 62 

13,502 44 

9,500 00 

$204,747 77 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $37,008,888 00 
. 23,156,402 00 



$60,165,290 00 

27,199,902 00 

$32,965,388 00 

5,431,904 00 



Premiums. 

$337,534 70 
218,981 58 

$556,516 28 
244,677 37 

$311,838 91 
57,914 96 



. $27,533,484 00 $253,923 95 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (2 per cent.), . 
Company's stock owned by directors, . 



$3,475,881 00 

2,798,187 00 

122,208 00 

373,000 00 

4,000 00 

60,500 00 



SPRINGFIELD FIRE AND MARINE INSURANCE CO. 105 



SPRINGFIELD FIRE AND MARINE INSURANCE COMPANY, 

SPRINGFIELD. 

[Incorporated 1849. Commenced business 1851.] 

Paid-up Capital, $1, 500,000. 

A. W. DAMON, President. W. J. MACK AY, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value 

1,500 shares Boston & Albany R.R., . . $150,000 00 $367,500 00 

500 " Boston & Lowell R.R., . . . 50,000 00 117,500 00 

115 » Chic, Burl. & Quincy R.R., . . 11,500 00 15,525 00 

950 » Chic, Milwaukee & St. Paul R'y, 95,000 00 171,000 00 

400 " Connecticut River R.R., . . 40,000 00 108,000 00 

500 " Conn. & Passumpsic Rivers R.R., 50,000 00 52,500 00 

500 " Fitchburg Railroad, . . . 50,000 00 65,000 00 

550 " Great Northern Railway, . . 55,000 00 99,000 00 

563 " Illinois Central Railroad, . . 56,300 00 70,375 00 

1,000 " New York & Harlem Railroad, . 50,000 00 200,000 00 

2,050 " N. Y., New Haven & Hart. R.R., . 205,000 00 420,250 00 

500 " Old Colony R.R., .... 50,000 00 100,000 00 

2,200 " Pennsylvania Railroad, . . 110,000 00 154,000 00 

240 " Rome, Watert'n & Ogdens. R.R.,. 24,000 00 30,000 00 

1,000 " Union Pacific Railroad, . . 100,000 00 75,000 00 

200 ■ " Continental National Bank, N. Y., 20,000 00 28,000 00 

200 " Fourth National Bank, N. Y., . 20,000 00 35,000 00 

100 " Nat'l Bank of Commerce, N. Y., . 10,000 00 32,000 00 

100 " Nat'l Bank of N. America, N. Y., 10,000 00 20,000 00 

100 " Atlas National Bank, Boston, . 10,000 00 10,000 00 

150 " Boylston National Bank, Boston, . 15,000 00 15,600 00 

100 " Eliot National Bank, Boston, . 10,000 00 14,000 00 

62 " Freeman's National Bank, Boston, 6,200 00 6,200 00 

100 " Merchants 1 Nat'l Bank, Boston, . 10,000 00 16,300 00 

200 " N'IB'k of Common wealth, Boston, 20,000 00 37,800 00 

100 " Nat'l Bank of Commerce, Boston, 10,000 00 11,000 00 

100 " National Exchange Bank, Boston, 10,000 00 14,000 00 

150 " National Shawmut Bank, Boston, 15,000 00 25,200 00 

100 " National Webster Bank, Boston, . 10,000 00 9,600 00 

100 " New England Nat'l Bank, Boston, 10,000 00 14,000 00 

100 " Old Boston Nat'l Bank, Boston, . 10,000 00 10,000 00 

100 " Washington National B'k, Boston, 10,000 00 10,300 00 

203 " Agawam Nat'l Bank, Springfield, 20,300 00 10,150 00 

100 " Chapin Nat'l Bank, Springfield, . 10,000 00 12,000 00 

104 " Chicopee Nat'l Bank, Springfield, 10,400 00 16,120 00 

100 " City National Bank, Springfield, . 10,000 00 14,400 00 

200 " First National Bank, Springfield, 20,000 00 21,000 00 

200 '• John Hancock N'l B'k, Springfield, 20,000 00 21,000 00 



106 



SPRINGFIELD FIRE AND MARINE INSURANCE CO. 



127 shares Pynchon Nat'l Bank, Springfield, 
200 " Second National B'k, Springfield, 
215 " Third Nat'l Bank, Springfield, 
71 " First National Bank, Chicopee, 
67 " Franklin Co. Nat'l B'k, Greenfield, 
250 " City National Bank, Holyoke, 

50 " First National Bank, Lynn, . 

51 " Monson National Bank, Monson, 
20 " Adams Nat'l Bank, No. Adams, 
60 " First Nat'l Bank, Northampton, 
50 " Northampton N'IB'k, N'hampton 
37 " Palmer National Bank, Palmer, 
75 " Ware National Bank, Ware, 

100 " St. Paul N'l Bank, St. Paul, Minn. 

500 " Pullman Palace Car Co., 
1,500 " West End Street Railway, 

700 " Holyoke Street Railway, 
1,000 " Springfield Street Railway, 
United States bonds, .... 
Chicago, Burl. & Quincy R R. bonds, 
Chicago, Milwaukee & St. Paul R'y bonds, 
Chic. & Northwest'n R'y sinking fund bonds, 
Kan. City, St Joe. & Council Bluffs R.R. bonds 
N. Y., New Haven & Hartford R.R. bonds, 
St. Paul, Minn. & Manitoba Railway bonds, 
Berkshire (Mass.) Water Co. bonds, 
Holyoke Street Railway bonds, 
Torrington Co. bonds, .... 



Securities held as collateral for cash loans : 



Par Value. 

$12,700 00 

20,000 00 

21,500 00 

7,100 00 

6,700 00 

25,000 00 

5,000 00 

5,100 00 

2,000 00 

6,000 00 

5,000 00 

3,700 00 

7,500 00 

10,000 00 

50,000 00 

75,000 00 

70,000 00 

100,000 00 

60,000 00 

14,000 00 

10,000 00 

50,000 00 

100,000 00 

60,000 00 

50,000 00 

15,000 00 

8,000 00 

25,000 00 



Market Value~ 

£ 15,240 00 

26,000 00 

45,150 00 

9,585 00 

6,834 00 

30,000 00 

5,500 00 

6,885 00 

2,300 00 

7,380 00 

10,000 00 

4,625 00 

7,875 00 

8,000 00 

95,000 00 

155,000 00 

140,000 00 

200,000 00 

75,000 00 

14,000 00 

17,500 00 

57,500 00 

115,000 00 

114,000 00 

58,000 00 

15,000 00 

8,000 00 

25,000 00 



$2,218,000 00 $3,723,694 00 



30 shares Third National Bank, Springfield, . 
68 ' 
135 
31 

90 

30 

5 

200 



Boston & Albany R.R. Co., 
N. Y., N. H. & Hartford R.R. Co., . 
Agawam Nat'l Bank, Springfield, . 
Revere, Mass., Water Co., 
Eastern Oil Co., Olean, N. Y., 
Southworth Co., West Springfield, 
Revere, Mass., Water Co., 



Market Value. 

§6,300 00 

16,660 00 

27,675 00 

1,550 00 

18,000 00 

3,150 00 

5,000 00 

40,000 00 



Loaned Thereon ~ 

$2,775 00 
6,500 00 

1,000 0O 
9,000 00 
2,000 0G 
4,250 00 
15,000 00 



§118,335 -00 $40,525 00 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $125,000 00 

Loans on mortgage of real estate (first liens *), 616,800 00 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amoun t of insurance held as collateral, 



'440,400 00 
719,700 00 
704,000 00 



SPRINGFIELD FIRE AND MARINE INSURANCE CO. 



107 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



Liabilities. 



$16,612 77 

3,723,694 00 

40,525 00 

13,179 70 

198,562 69 

31,143 36 

391,502 59 

664 17 

1,932 96 



Losses adjusted, unpaid, $63,667 72 

claimed and reported, .... 146,610 36 
disputed or resisted, .... 20,350 94 

Total amount of losses, $230,629 02 

Less reinsurance, 38,222 27 

Net amount of unpaid losses, .... $192,406 75 

Unearned premiums on outstanding risks, . 1,569,772 79 

Commissions and brokerage, .... 78,300 52 

Reinsurance disallowed, 2,652 04 

Gross liabilities, except capital, . . f 1,843,132 10 
Deduct liability on special deposits, . . 22,288 31 

Surplus as regards policy holders, 

Paid-up capital, 



1,159,617 24 
75,000 00 

1,084,617 24 



Surplus over capital, . 



1,820,843 79 

53,263,773 45 

1,500,000 00 

11,763,773 45 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



$362,994 63 
2,543,613 63 

$2,906,608 26 
391,502 59 

$2,515,105 67 
572,785 32 



sources, 



$1,942,320 35 

32,284 81 

150,162 70 

4,653 35 

$2,129,421 21 



108 



SPRINGFIELD FIRE AND MARINE INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Deduct reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



81,335,234 30 
192,527 10 



$1,142,707 20 
150,000 00 
354,910 29 
110,745 57 
92,282 18 
213,817 51 

f 2,064,462 75 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$308,104,334 00 $3,054,815 61 
236,949,609 00 2,543,613 63 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$545,053,943 00 $5,598,429 24 
202,670,909 00 2,158,999 00 



$342,383,034 00 $3,439,430 24 
34,854,367 00 328,188 61 



$307,528,667 00 $3,111,241 63 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$45,472,684 00 

27,459,197 00 

1,162,470 00 

4,004,542 00 

150,000 00 

94,300 00 






AGGREGATE. 



Capital Stock. 




Whole amount of capital actually paid up in cash, 


83,400,000 


Assets. 




Gross present assets, 


$10,086,004 


Liabilities. 




Gross present liabilities, 


$3,238,640 


Income. 




Cash actually received for fire premiums, .... 


$3,096,188 


actually received for marine premiums, 


877,654 


for interest and dividends from all sources, 


346,702 


from all other sources, 


14,510 


Gross cash income, 


$4,335,054 


Expenditures. 




Cash actually paid during the year for fire losses, 


$1,892,827 


actually paid during the year for marine losses, 


379,047 


dividends to stockholders, 


262,872 


for brokerage and commission's on premiums, 




687,311 


for salaries and pay of officers and employees, 




298,746 


for State and local taxes, .... 




134,799 


for office, agency and incidental expenses, 




409,635 


Gross cash expenditures, 


$4,065,237 


Miscellaneous. 




Whole amount of fire risks written during the year, . 


$393,327,892 


premiums charged or receivable thereon, 




4,170,756 


marine risks written during the year, 




163,376,424 


premiums charged or receivable thereon, 




1,116,153 


fire risks terminated during the year, 




336,745,925 


marine risks terminated during the year, 




163,274,015 


fire risks outstanding at end of year, 




465,225,636 


marine risks outstanding at end of year, . 




6,208,071 


cash dividends declared during the year, 




263,000 


fire losses incurred during the year, 




1,988,761 


marine losses incurred during the year, . 




461,716 



FIRE, MAEINE AND FIRE-MARINE 

INSURANCE COMPANIES 

OP OTHER STATES. 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1900. 



112 



^ETNA INSURANCE CO. 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



"jEtna insurance Company," hartford, conn. 

[Incorporated June, 1819. Commenced business August, 1819.] 

Paid-up Capital, $4,000,000. 

WM. B. CLARK, President. \VM. II. KING, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $100,000 00 $138,000 00 

Arizona Territory bonds, 15,000 00 16,350 00 

New Mexico Territory bonds 10,000 00 10,700 00 

Alabama State bonds, 10,000 00 11,100 00 

Georgia State bonds 25,000 00 27,000 00 

Mississippi State bonds, 11,000 00 12,210 00 

New Hampshire State bonds, .... 29,500 00 31,565 00 

Tennessee State bonds, 23,000 00 22,080 00 

Hartford County, Conn., bonds, . . . 5,000 00 5,000 00 

Mecklenburg County, N. C.,bo.nds, . . . 67,000 00 79,060 00 

Spokane Co., Wash., court house and jail b'ds, 25,000 00 26,750 00 

Talbot County, Ga., court house bonds, . . 11,000 00 11,880 00 

Norwich, Conn., town bonds, .... 100,000 00 118,000 00 

Westmount, Quebec, town debenture bonds, . 50,000 00 50,500 00 

Americus, Ga., city pub. build, and school b'ds, 6,000 00 7,200 00 

Albina, Ore., city boulevard bonds, . . . 25,000 00 32,500 00 

Bainbridge, Ga , city academy bonds, . . 8,000 00 9,440 00 

Boston, Mass., city bonds, .... 30,000 00 32,400 00 

Buffalo, N. Y., city water bonds, . . . 50.000 00 56,000 00 

Chicago, 111., sanitary dist. bonds, . . . 50,000 00 56,500 00 

City of Sioux Falls, So. Dak., funding bonds, 25,000 00 25,500 00 

Dallas, Tex., city water and sewer bonds, . 50,000 00 56,500 00 

Dalles City, Ore., water bonds, . . . 12,500 00 13,375 00 

Dayton, O., city street paving bonds, . . 25,000 00 26,250 00 

Fostorio, O., city water bonds, .... 25,000 00 26,500 00 

Greensboro, N. C, city school bonds, . . 24,000 00 27,120 00 

Greenville, Ala., city school bonds, . . . 20,000 00 21,800 00 

Hamilton, O., city gas works bonds, . . 15,000 00 15,450 00 

Jersey City, N. J., city hall bonds, . . . 25,000 00 30,250 00 

Lexington, Ky., city bonds, .... 50,000 00 52,500 00 

Montreal, Can., corporation stock, . . . 19,000 00 19,380 00 

Montreal, Can., harbor bonds, .... 4,000 00 4,000 00 



.ETNA INSURANCE CO. 



113 



New Brunswick, N. J., water bonds, 
Ogden City, Utah, bonds, . 
Port of Portland, Ore., bonds, 
Rahway, N. J., city bonds, 
Richmond, Va., city bonds, 
Roanoke, Va., city bonds, . 
Seattle, Wash., city water and sewer bonds, 
Tacoma, Wash., city water and light bonds, 
Topeka, Kan., city funding bonds, 
Urbana, O., city bonds, 
Watsonville, Cal., school bonds, 
Winston, N. C, city bonds, 
Winnipeg, Man., city bonds, 
Brooklyn Wharf & Warehouse Co. bonds, 
Loan & Guarantee Co. of Conn, bonds, . 
People's Gas Light & Coke Co., Chicago, bonds 
North East School Dis., Hart., Conn., bonds, 
School District No. 2, Enfield, Conn., bonds, 
School Dis. No. 24, Woodbridge, N. J., bonds 
Masonic Temple Cor., Wil., N. C, bonds, 
Y. M. C. Association, Wilmington, N. C, bonds 
Atlantic Mutual Insurance Co. scrip, 
Albany & Susquehanna R.R. bonds, 
Alabama Central R.R. bonds, . 
Baltimore & Ohio R.R. Co. bonds, . 
Buffalo, New York & Erie R.R. bonds, . 
Canadian Pacific R'y Co. land grant bonds, 
Central Branch Railway Co. bonds, . 
Centralia & Chester Railroad bonds, 
Central Pacific Railway Co. bonds, . 
Chesapeake & Ohio R.R. bonds, 
Cleve., Col., Cm. & Indianap. R.R. bonds, 
Chicago, Burlington & Quincy R.R. bonds, 
Chicago, Mil. & St. Paul R.R. bonds, 
Chicago & Northwestern R.R. bonds, 
Chicago North Shore Street R'y Co. bonds, 
Chicago, Rock Island & Pacific R.R. bonds, 
Chicago & Western Indiana R.R. bonds, . 
Cicero & Proviso St. R'y Co., Chicago, bonds 
Cincinnati, Dayton & Ironton R.R. bonds, 
Cincinnati, Hamilton & Dayton R.R. bonds, 
Columbus & Toledo R.R. bonds, 
Connecticut River R.R. coupon scrip, 
Dayton & Western R.R. bonds, 
Delaware & Hudson Canal Co. bonds, 
Flint & P&re Marquette R.R. bonds, 
Georgia R.R. & Banking Co. debenture bonds, 
Hartford St. Railway bonds, . 



Par Value. 

$2,000 00 

18,000 00 

50,000 00 

22,000 00 

44,750 00 

30,000 00 

50,000 00 

25,000 00 

25,000 00 

25,000 00 

12,000 00 

25,000 00 

34,793 00 

100,000 00 

5,900 00 

50,000 00 

60,600 00 

4,000 00 

1,000 00 

20,000 00 

20,000 00 

43,390 00 

100,000 00 

25,000 00 

75,000 00 

20,000 00 

81,000 00 

37,000 00 

25,000 00 

26,000 00 

50,000 00 

60,000 00 

181,000 00 

135,000 00 

189,000 00 

25,000 00 

160,000 00 

131,000 00 

25,000 00 

25,000 00 

82,000 00 

80,000 00 

15,000 00 

28,000 00 

25,000 00 

50,000 00 

25,000 00 

50,000 00 



Market Value. 

$2,200 00 

19,620 00 

59,500 00 

20,900 00 

50,650 00 

32,400 00 

54,000 00 

25,250 00 

28,000 00 

25,000 00 

12,480 00 

26,750 00 

36,184 72 

70,000 00 

5,900 00 

54,000 00 

60,600 00 

4,000 00 

1,000 00 

20,000 00 

20,000 00 

45,993 40 

114,750 00 

29,000 00 

75,000 00 

28,000 00 

89,100 00 

31,450 00 

5,000 00 

25,860 00 

53,000 00 

81,600 00 

198,020 00 

169,150 00 

230,710 00 

27,500 00 

188,800 00 

155,660 00 

26,250 00 

28,500 00 

92,120 00 

92,800 00 

15,150 00 

30,800 00 

36,750 00 

53,750 00 

28,750 00 

52,000 00 



114 



^TNA INSURANCE CO. 



Harlem River & Port Chester R.R. bonds, 
Hocking Valley Railway Co. bonds, 
Illinois Central Railroad Co. bonds, 
Indianapolis & Vincennes R.R. bonds, 
Jeffersonville, Madison & Ind. R.R. bonds, 
Keokuk & Des Moines R.R. bonds, . 
Lake Shore & Michigan Southern R.R. bonds 
Louisville, New Albany & Chic. R R. bonds, 
Lehigh Valley Terminal R.R. bonds, 
Lehigh Valley Railway Co. bonds, . 
Mahoning Coal R.R. bonds, 
Michigan Central R.R. bonds, . 
Minneapolis & St. Louis R.R. bonds, 
Minneapolis Union R.R. bonds, 
Morris <fc Essex R.R. bonds, 
N. Y. Central & Hudson River R.R. bonds, 
N. Y., Lake Erie & Western R R. bonds, . 
New England R.R. bonds, 
New York & New England R.R. bonds, . 
N. Y., New Haven & Hart. R.R. certificates, 
N. Y., Susquehanna & Western R.R. bonds, 
Northwestern Union R.R. sinking fund bonds 
Norfolk & Western R.R. bonds, 
North Chicago Electric Railway Co. bonds, 
North Chicago Street R.R. bonds, . 
Oswego R.R. Bridge Co. bonds, 
Ohio & West Virginia R.R. bonds, . 
Pittsburgh, Fort Wayne & Chicago R R. bonds 
Port Reading R.R. bonds, 
St. Paul, Minn. & Manitoba R.R. bonds, . 
St. Paul & Northern Pacific R.R. bonds, . 
St. Paul & Sioux City R.R. bonds, . 
Southern Pacific R.R. Co. of California bonds, 
Southern Railway bonds, .... 
Terre Haute & Peoria R.R. bonds, . 
Toledo & Ohio Central R.R. bonds, . 
Vermont Valley R.R. bonds, . 

Wabash R.R. bonds, 

West Chicago Street R.R. tunnel bonds, . 
West Shore R.R. bonds, .... 
Willmar & Sioux Falls R.R. bonds, . 
400 shares Amer. Tel. & Cable Co., 
300 " Gold & Stock Tel. Co., 
300 " International Ocean Tel. Co., 
1,000 " Northwest Tel Co., 
50 " Connecticut River Co., . 
10 " Underwriters 1 Sal. Co. of N. Y., 



Par Value. 

8150,000 00 
14,000 00 

100,000 00 
50,000 00 
12,000 00 
40,000 00 

189,000 00 
25,000 00 
50,000 00 
50,000 00 
30,000 00 
50,000 00 
50,000 00 
50,000 00 

135,000 00 

175,000 00 
45,000 00 
50,000 00 
50,000 00 
75,000 00 
25,000 00 
25,000 00 
50,000 00 
25,000 00 
25,000 00 
50,000 00 
30,000 00 

196,000 00 
25,000 00 
25,000 00 
50,000 00 
25,000 00 
25,000 00 
25,000 00 
25,000 00 
25,000 00 
54,000 00 
25,000 00 
50,000 00 
50,000 00 
25,000 00 
40,000 00 
30,000 00 
30,000 00 
50,000 00 
5,000 00 
1,000 00 



Market Value. 

8166,500 00 
14,560 00 

102,000 00 
59,500 00 
13,680 00 
44,400 00 

207,900 00 
29,000 00 
57,500 00 
55,000 00 
39,000 00 
52,500 00 
61,000 00 
64,000 00 

189,600 00 

190,750 00 
62,100 00 
66,000 00 
57,000 00 

146,250 00 
27,500 00 
36,000 00 
66,000 00 
27,500 00 
26,500 00 
58,000 00 
36,000 00 

266,120 00 
27,250 00 
35,500 00 
65 ; 500 00 
32,500 00 
27,250 00 
28,125 00 
12,500 00 
28,750 00 
61,020 00 
29,250 00 
52,000 00 
57,500 00 
30,000 00 
38,400 00 
36,600 00 
36,000 00 
61,500 00 
1,000 00 
500 00 



JETNA INSURANCE CO. 



115 



500 shares 


500 


it 


200 


it 


750 


it 


1,000 


ii 


500 


(i 


850 


ic 


350 


ii 


350 


ti 


300 


ii 


500 


ii 


300 


ii 


200 


ii 


500 


ii 


100 


u 


100 


ii 


400 


ii 


200 


ii 


1,000 


ti 


920 


ii 


500 


it 


1,875 


it 


500 


it 


1,000 


it 


150 


it 


1,000 


it 


625 


ti 


400 


it 


200 


n 


200 


ii 


400 


it 


188 


n 


150 


it 


350 


it 


300 


n 


1,000 


it 


550 


ii 


1,000 


ii 


550 


n 


400 


ii 


400 


it 


300 


it 


300 


it 


300 


ii 


100 


n 


700 


ii 


120 


ii 



Albany & Sus. R.R. Co., 
Bald Eagle Val. R R. Co., . 
Baltimore & Ohio R.R. Co., . 
CI., C, Ch. & St. L. R.R. Co., 
Cleve. & Pitts. R.R. Co., 
Chic, Burl. & Q. R.R. Co., . 
Chic., Mil. & St. Paul Ry. Co., 
Chic. & Nortw'n R.R. Co., . 
Chic, Rock I. & Pac R.R. Co., 
Conn. River R.R. Co., . 
Conn. & Passum. R's R R. Co., 
Dayton & Mich. R.R. Co., . 
Del. & Bound Brook R.R. Co., 
Ft. Wayne & Jackson R.R. Co., 
Georgia R.R. & Banking Co., 
Joliet & Chicago R.R. Co., . 
Kala., Alleg. & Gr. Rap. R.R. Co. 
Keokuk & Des Moines R.R. Co., 
Morris & Essex R.R. Co., . 
N. Y. Cent. & Hud. R. R.R. Co., 
N. Y. & Harlem R.R. Co., . 
N. Y , N. Hav. & Hart. R.R. Co., 
Oswego & Syracuse R.R. Co., 
Pitts., Ft. Wayne & Chic R.R. Co. 
Peoria & Bureau Val. R.R. Co., 
Rensselaer & Saratoga R.R. Co., 
St. Jos., S. Bend & So'n R.R. Co, 
Valley (New York) R.R. Co., 
iEtna National B'k, Hart., Conn, 
American Nat'l B'k, Hart., Conn 
Charter Oak N'l B'k, Hart., Conn 
City Bank, Hartford, Conn., 
Conn. Riv. B'k'g Co., Hart., Conn, 
Far. & Mech. N'l B'k, Hart., Conn 
First Nat'l Bank, Hart., Conn., 
Hartford Nat'l B'k, Hart., Conn., 
Nat'l Exch. Bank, Hart., Conn., 
Phoenix Natl B'k, Hart., Conn., 
State Bank, Hartford, Conn., 
American Exch. Nat'l B'k, N. Y 
B'k of the Manhattan Co., N. Y 
B'k of N. Y. N'l B'k'g Asso., N. Y 
Hanover Nat'l Bank, N. Y., . 
Imp. & Traders' Nat'l B'k, N. Y 
Market & Fulton N'l B'k, N. Y., 
Merchants' Nat'l Bank, N. Y., 
Merchants' Exch. N'l B'k, N. Y., 



Par Value. 

$50,000 00 
25,000 00 
20,000 00 
75,000 00 
50,000 00 
50,000 00 
85,000 00 
35,000 00 
35,000 00 
30,000 00 
50,000 00 
15,000 00 
20,000 00 
50,000 00 
10,000 00 
10,000 00 
40,000 00 
20,000 00 
50,000 00 
92,000 00 
25,000 00 

187,500 00 
25,000 00 

100,000 00 
15,000 00 

100,000 00 
62,500 00 
40,000 00 
20,000 00 
10,000 00 
40,000 00 
18,800 00 
4,500 00 
35,000 00 
30,000 00 

100,000 00 
27,500 00 

100,000 00 
55,000 00 
40,000 00 
20,000 00 
30,000 00 
30,000 00 
30,000 00 
10,000 00 
35,000 00 
6,000 00 



Market Value. 

$102,500 00 
51,250 00 
17,000 00 
85,500 00 
94,500 00 
70,000 00 

157,250 00 
74,200 00 
41,300 00 
81,900 00 
52,500 00 
31,050 00 
87,000 00 
73,500 00 
21,700 00 
18,500 00 
60,000 00 
4,600 00 
94,500 00 

130,640 00 

103,750 00 

397,500 00 
55,000 00 

189,000 00 
31,500 00 

200,000 00 
8,750 00 
52,000 00 
37,000 00 
14,500 00 
40,000 00 
21,808 00 
6,750 00 
42,700 00 
37,500 00 

140,000 00 
35,750 00 

125,000 00 
68,750 00 
79,200 00 
54,000 00 
97,500 00 

150,000 00 

157,500 00 

24,000 00 

63,000 00 

7,560 00 



116 



yETNA INSURANCE CO. 



1,200 shares 


400 


u 


200 


u 


500 


u 


200 


ti 


150 


u 


300 


u 


865 


u 


300 


u 


200 


II 


100 


it 


250 


H 


100 


II 


100 


II 


100 


II 


100 


u 


100 


(1 


150 


(1 


100 


If 


100 


M 



Mechanics 1 Nat'l Bank, N. Y., 
Metropolitan National Bank, N. Y 

(in liquidation), 
Nassau Bank, N. Y., 
National Bank of Com., N. Y., 
National B'k of N. Amer., N. Y., 
N'l B'k of the Republic, N. Y., 
N'l Butch. & Drovers' B'k, N. Y 
National City Bank, N. Y., . 
Phenix Nat'l Bank, N. Y., . 
People's Bank, N. Y., . 
Third National Bank, N. Y. (in 

liquidation), 
Far. & Mech. N'l B'k, Phila., Pa. 
First Nat'l B'k, Albany, N. Y., 
N. Brit. N'l B'k, N. Brit., Conn., 
Central Trust Co., N. Y., . 
Holland Trust Co., N. Y., . 
Metropolitan Trust Co., N. Y., 
N. Y. Life Ins. & Tr. Co., N. Y., 
United States Trust Co., N. Y., 
Union Trust Co., N. Y., 



Par Value. 

130,000 00 

40,000 00 

10,000 00 

50,000 00 

20,000 00 

15,000 00 

7,500 00 

86,500 00 

6,000 00 

5,000 00 

10,000 00 
25,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
15,000 00 
10,000 00 
10,000 00 



Market Value. 

164,500 00 

1,200 00 

17,800 00 

162,500 00 

41,000 00 

33,750 00 

6,750 00 

432,500 00 

6,000 00 

11,250 00 

3,000 00 

27,000 00 

13,000 00 

16,400 00 

205,000 00 

5,000 00 

50,000 00 

210,000 00 

165,000 00 

140,000 00 



$8,138,233 00 5511,740,821 12 



Securities held as collateral for cash loans : — 

25 shares Nation'l B'k of Commerce, N. Y., . 
25 " Mechanics' National Bank, N. Y., . 



Market Value. 

§8,125 00 



1,343 



00 £ 
75 S 



Loaned Thereon. 

§3,600 00 



$9,468 75 $3,600 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest accrued thereon, .... 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Gross assets, 

Deduct special deposits in other States, . 



§230,000 00 

15,600 00 

271 00 

11,740,821 12 

3,600 00 

2,479 17 

803,337 08 

465 00 

577,552 12 



§13,374,125 49 
312,864 72 



Balance, §13,061,260 77 

* Value of lands mortgaged $16,200 00 

Value of buildings thereon 20,000 00 

Amount of insurance held as collateral 15,000 00 



^ETNA INSURANCE CO. 



117 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy holders, . 
Paid-up capital, 



$75,830 95 

438,064 33 
19,092 00 

$532,987 28 
100,877 38 

$432,109 90 
3,355,346 29 
70,851 62 
81,239 38 
40,739 32 
80,176 48 
18,875 48 

$4,079,338 47 
222,849 47 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, . - 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



$543,779 69 
5,140,606 73 

$5,684,386 42 
479,768 49 

$5,204,617 93 
1,188,136 24 

$93,030 59 
423,381 70 

$516,412 29 
97,783 63 

$418,628 66 
94,565 28 



sources, 



£3,856,489 00 

^9,204,771 77 

4,000,000 00 

^5,204,771 77 



$4,016,481 69 



324,063 38 

936 00 

509,735 59 

5,472 72 



1,445 04 



. $4,856,689 38 



118 



^ETNA INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Deposits returned on perpetual fire risks, 

Gross cash expenditures, .... 



12,874,883 30 
437,118 23 

$232,389 71 
68,106 35 



$2,437,765 07 



164,283 36 
720,000 00 
711,058 79 
299,537 58 
126,790 79 
323,680 79 



$2,265 00 



. $4,783,116 38 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$586,375,155 00 $6,606,629 53 
453,497,043 00 5,140,606 73 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Perpetual risks in force (not incl'd above), 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$1,039,872,198 00? 11, 747,236 26 
416,398,007 00 4,642,974 37 



$623,474,191 00 $7,104,261 89 
69,700,987 00 772,890 02 



$553,773,204 00 $6,331,371 87 

$3,187,928 00 $74,580 65 

$6,906,484 00 $181,276 04 

138,658,225 00 423,381 70 



$145,564,709 00 $604,657 74 
137,953,004 00 369,260 19 



57,611,705 00 $235,397 55 
1,249,608 00 42,699 29 



1,362,097 00 $192,698 26 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (18 per cent.), 
Company's stock owned by directors, .... 



$161,228,677 00 
88,243,133 00 
2,469,279 00 
153,246 00 
25,793,365 CO 
720,000 00 
218,000 00 



AGRICULTURAL INSURANCE CO. 



119 



"AGRICULTURAL INSURANCE COMPANY," WATERTOWN, N. Y. 

[Incorporated 1853.* Commenced business February, 1853.] 

Paid-up Capital, $500,000. 

A. H. SAWYER, President. W. H. STEVENS, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

State of Georgia bonds, . . . . . $10,000 00 $11,800 00 

City of Portland, Ore., bonds, .... 50,000 00 62,500 00 

City of Richmond, Va., bonds, .... 27,000 00 25,110 00 

City of Watertown, N. Y., acceptances, . . 1,000 00 1,000 00 

Chicago, Mil. & St. Paul R'y bonds, . . 20,000 00 24,275 00 

Northern Pacific Railway bonds, . . . 10,000 00 10,000 00 

Lehigh Valley Ry., N. Y., bonds, . . . 20,000 00 22,350 00 

Lehigh & Hudson River R.R. bonds, . . 5,000 00 5,100 00 

Union Pacific R.R. bonds, 2,000 00 2,155 00 

Jefferson Power Co. bonds, .... 40,000 00 42,000 00 

Consol. Water Co. of Utica, N. Y., bonds, . 10,000 00 10,500 00 

St. Regis Paper Co. bonds, .... 50,000 00 50,000 00 

Brownville Paper Co. bonds, .... 4,000 00 4,000 00 

Elwood Silk Manufacturing Co. bonds, . . 1,000 00 1,000 00 

Watertown National Bank stock, . . . 10,500 00 21,525 00 

National Union B'k, Watertown, N. Y., stock, . 21,360 00 37,380 00 

Jefferson Co. Nat'l B'k, Watert'n, N. Y., stock, 1,760 00 4,400 00 

Nat'l B'k & Loan Co., Watert'n, N. Y., stock, . 10,000 00 12,500 00 

Carthage Nat'l B'k, Carthage, N. Y., stock, . 2,000 00 4,000 00 

First N'l B'k of the T. I., Alex. Bay, N. Y., s'k, 1,000 00 1,000 00 

Union Building & Loan Co., Cleveland, 0.,s'k, 10,000 00 10,000 00 

Cleveland Savings & Loan Co., Cleve., O., s'k, 5,000 00 5,000 00 

N. Y. Cent. & Hudson River R.R. stock, . . 23,000 00 33,235 00 

Chic, Mil. & St. Paul Ry. stock, . . . 30,000 00 43,987 50 

Union Pacific R.R. stock, 1,000 00 847 50 

Western Union Telegraph stock, . . . 108,500 00 91,682 50 

International Paper Co. stock, .... 50,000 00 37,125 00 

Hungerford-Holbrook Co. stock, . . . 25,200 00 25,200 00 

Excelsior Carriage Co. stock, .... 2,500 00 2,500 00 

Watertown Carriage Co. stock, . . . 7,000 00 3,500 00 

Adams & Duford Co. stock, .... 5,000 00 4,500 00 



$563,820 00 $610,172 50 



Securities held as collateral for cash loans : — 

Real estate mortgages, 

Western Union Telegraph stock, 

N. Y. Cent. & Hudson River R.R. stock, . 

International Paper Co. bonds, 



Market Value. 

$36,510 90 

10,985 00 

4,768 50 

10,800 00 



Loaned Thereon. 

$30,539 26 
20,137 40 



* Organized as mutual, 1853; incorporated as stock, 1863. 



120 



AGRICULTURAL INSURANCE CO. 



National B'k of Fayetteville, N. Y., stock, 
Watertown National Bank stock, 
International Paper Co. stock, . 
Real estate mortgages, .... 
Titus Sheard Co. stock, .... 
N'l Herkimer Co. B'k, Little Falls, N. Y„ s'k, 
Toledo & Ohio Central R.R. stock, . 
Little Falls & Dolgeville R.R. bonds, 
Union Carriage & Gear Co. stock, . 
Brownville Paper Co. stock, 

Brockway Co. stock, 

Deeds of real estate, White Plains, N. Y., 
Paid-up life insurance policy, . 

Deeds of real estate, 

Union Nat'l B'k, Schenectady, N. Y., stock, 

Hungerford-Holbrook Co. stock, 

Bagley & Sewall Co. stock, 

Harmon Machine Co. stock, 

International Paper Co. stock, 

Outterson Paper Co. stock, 

E. W. Bliss Co. stock, 

Rome, Watertown & Ogdensburg R.R. stock, 

Kan. City, St. Jos. & Council B'ffs R.R. bonds 

Carthage Sulphite Pulp Co. stock, . 

Carthage Tissue Paper Mills stock, . 

Carthage Machine Co. stock, . 

Malone Paper Co. stock, .... 



Market Value. 

$1,667 50 

2,050 00 

4,395 75 

27,479 001 

32,000 00 

7,920 00 

10,000 00 

5,000 00 J 

500 00 

5,000 00 

10,000 00 

1,500 00 

2,000 00 

6,000 00 

7,500 00 

2,200 00 

23,700 00 

9,000 00 

1,485 00 

30,000 00 

29,100 00 

4,005 00 

2,400 00 

19,500 00 >| 

9,500 00 I 

4,000 00 i 

7,000 00 J 



Loaned Thereon. 

$338 61 
3,650 00 



40,500 00 



210 00 

2,200 00 

8,000 00 

1,000 00 

496 00 

3,000 00 

5,000 00 

2,000 00 

10,000 00 

6,750 00 

1,000 00 

20,000 00 

12,000 00 

3,000 00 

2,000 00 

10,000 00 



$327,966 65 $181,821 27 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $2,183,347 96 



$337,915 00 

784,659 26 

27,286 71 

610,172 50 

181,821 27 

18,146 17 

106,382 32 

15,220 74 

200,129 44 

600 00 

424 55 



$2,282,757 96 
99,410 00 



* Value of lands mortgaged S953,061 00 

Value of buildings thereon 6o9,064 00 

Amount of insurance held as collateral 5SS,50© 00 



AGRICULTURAL INSURANCE CO. 



121 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, ..... 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents 



Gross cash income, 



Expenditures, 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for miscellaneous, , 

Gross cash expenditures, . 



$22,535 94 

64,465 00 

8,663 00 

$95,663 94 
26,538 37 

$69,125 57 

943,092 92 

41,644 07 

23,378 00 

22,223 68 

1,099,464 24 
43,197 00 



$1,056,267 24 

$1,127,080 72 
500,000 00 

$627,080 72 



$169,044 71 
2,627 80 

$166,416 91 
1,500,351 72 

51,666,768 63 
200,129 44 

11,466,639 19 
552,599 73 



sources, . 



$803,068 53 
235,625 08 



$914,039 46 

45,293 04 

29,494 64 

2,936 44 

$991,763 58 



$567,443 45 
50,240 00 
175,739 04 
92,803 34 
40,133 39 
81,594 51 

$1,007,953 73 



122 



ALBANY INSURANCE CO. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$251,852,800 00 82,189,247 00 
159,364,200 00 1,500,351 72 



Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$411,217,000 00 $3,689,598 72 
166,027,700 00 1,421,035 72 



$245,189,300 00 §2,268,563 00 
36,259,000 00 387,120 00 



$208,930,300 00 $1,881,443 00 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$24,658,988 00 

12,210,169 00 

556,507 00 

1,330,000 00 

50,000 00 

93,250 00 



"ALBANY INSURANCE COMPANY," ALBANY, N. Y. 

[Incorporated March 8, 1811. Commenced business March 16, 1811. Reorganized June 1,1881.] 

Paid-up Capital, $250,000. 
THEODORE TGWNSEND, President. CHARLES H. HAHX, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Watervliet Turnpike & R.R. bonds, . . $6,000 00 $7,380 00 

Wabash R.R. bonds, 35,000 00 40,175 00 

Municipal gas bonds, Albany, N. Y., . . 2,000 00 2,160 00 

Union R.R. Co., N. Y., bonds, .... 10,000 00 11,300 00 

St. Louis & San Francisco R.R. bonds, . . 20,000 00 22,700 00 

Ann Harbor R R. bonds, 10,000 00 9,700 00 

People's Gas Light & Coke Co., Chic, bonds, . 10,000 00 11,850 00 

Western N. Y. & Pennsylvania R.R. bonds, . 25,000 00 30,625 00 

Atlanta, Knoxville & Northern R.R. bonds, . 15,000 00 16,125 00 

Texas Central R.R. Co. bonds, .... 20,000 00 21,400 00 



§ 153,000 00 $173,415 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 



$ 76,890 00 

222,950 00 

1,097 00 



* Value of lands mortgaged $150,350 00 

Value of buildings thereon 34-2,300 00 

Amount of insurance held as collateral, .... 273,000 00 



ALBANY INSURANCE CO. 



123 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$173,415 00 

4,613 28 

4,39G 25 

6,908 57 

130 55 



$490,400 65 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Miscellaneous, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 

Surplus over capital, . 



$3,931 18 

6,531 57 

2,300 00 

$12,762 75 

1,000 00 

$11,762 75 

71,019 45 

1,616 44 

285 92 



84,684 56 

$405,716 09 
250,000 00 

$155,716 09 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 



Entire premiums collected, .... $110,299 96 

Less reinsurance and return premiums, . . 18,889 83 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Income from rents, .... 

Income from agency, 



Gross cash income, 



$5,294 30 
244 99 

$5,049 31 
112,159 22 

$117,208 53 
6,908 57 



$91,410 13 

11,072 16 

8,454 85 

3,682 92 

4,719 12 

$119,339 18 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 



$62,884 86 
5,278 26 



$57,606 60 
20,000 00 



124 



AMERICAN INSURANCE CO. 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for miscellaneous, .... 



$18,625 51 

10,176 54 

6,444 80 

5,317 67 



Gross cash expenditures, $118,171 12 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $14,925,938 00 $127,490 08 
Fire risks written during 1900, . . . 12,900,986 00 112,159 22 



Total, $27,826,924 00 $239,649 30 

Deduct risks expired and terminated, . . 10,544,506 00 90,364 40 



In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$17,282,418 00 $149,284 90 
. 1,362,369 00 12,207 23 



.$15,920,049 00 $137,077 67 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$1,831,105 00 

1,012,952 00 

60,381 00 

405,000 00 

20,000 00 

40,650 00 



" AMERICAN INSURANCE COMPANY," NEWARK, N. J. 

[Incorporated Feb. 20, 1846. Commenced business April 1, 1846.] 

Paid-up Capital, $600,000. 
E. O. DOREMUS, President. J. H. WORDEX, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, f 100,000 00 $100,000 00 

Consolidated Traction Co. bonds, . . . 118,000 00 126,260 00 

Easton & Amboy R.R. bonds, .... 40,000 00 45,200 00 

Lehigh Valley R.R. bonds, .... 110,00000 119,90000 

Long Dock (Jersey City) bonds, . . . 125,000 00 162,500 00 

Morris & Essex R.R. bonds, .... 100,000 00 136,000 00 

Newark (N. J.) R'y bonds, .... 95,000 00 110,200 00 

N. Y. & Greenwood Lake (N. J.) bonds, . 100,000 00 105,000 00 

N. Y., L. Erie & West. Dock and Imp. bonds, . 23,000 00 26,910 00 

N. Y., Sus. & Western R.R. bonds, . . . 20,000 00 22,000 00 



AMERICAN INSURANCE CO. 



125 



North Hudson Co. (N. J.) bonds, . 
United N. J. R.R. & Canal Co. bonds, 
Madison, N. J., bonds, 
Newark Gas Co. bonds, . 



Par Value. 

$125,000 00 

100,000 00 

29,000 00 

105,000 00 



Market Value. 

$133,750 00 

109,000 00 

29,000 00 

132,300 00 



11,190,000 00 $1,358,020 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross) 
Notes taken for fire and tornado risks, 
Rents due and accrued, 
Reinsurance due on losses paid, 
American Insurance Co. stock, $70,000 00 
Gross assets, 



$238,972 96 

1,730,226 75 

26,385 34 

1,358,020 00 

3,809 01 

48,333 99 

16,005 74 

152,486 08 

97,923 37 

940 04 

380 18 



$3,673,483 46 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Dividends to stockholders unpaid, . 
Dividends to policy holders unpaid, . 
Commissions and brokerage, . 
Due for agents 1 fees, 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 



$8,132 65 
76,243 48 

2,000 00 



,376 13 
14,164 80 

$72,211 33 

1,382,057 27 

3,257 35 

870 00 

12,803 31 

2,492 05 

15 63 



1,473,706 94 

$2,199,776 52 
600,000 00 

$1,599,776 52 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$1,912,610 00 
2,407,715 00 
2,079,715 00 



126 



AMERICAN INSURANCE CO. 



Income 
Fire premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



other 



$207,582 79 

97 76 

$207,485 03 

1,464,791 29 



$1,672,276 32 
260,206 00 



$1,412,070 32 
393,734 29 



sources, 



$1,018,336 03 
89,078 05 
58,411 85 
15,531 64 

$1,181,357 57 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures 



$771,733 91 
174.983 10 



$596,750 81 
60,966 25 
239,300 34 
79,675 62 
47,301 02 
85,438 00 

$1,109,432 04 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$285,520,932 00 $2,994,335 26 
144,690,543 00 1,464,791 29 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$430,211,475 00 $4,459,126 55 
146,804,750 00 1,542,119 24 



$283,40.6,725 00 $2,917,007 31 
22,807,768 00 270,441 47 



$260,598,957 00 $2,646,565 84 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire and tornado losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$12,942,872 00 
5,515,678 00 
582,258 00 
2,348,115 00 
60,000 00 
57,055 00 



AMERICAN CENTRAL INSURANCE CO. 



127 



« AMERICAN CENTRAL INSURANCE COMPANY," ST. LOUIS, MO. 

[Incorporated February, 1853. Commenced business February, 1853.] 

Paid-up Capital, $600,000. 

GEORGE T. CRAM, President. JNO. H. ADAMS, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

St. Louis Merchants' Bridge Co. bonds, . . $85,000 00 $95,200 00 

Union Depot R.R. Co. bonds, .... 75,000 00 90,000 00 

United States consols, 50,000 00 56,500 00 

Laclede Gas Light Co. bonds, .... 52,000 00 53,600 00 

St. Louis, I. M. & S. R.R. Co. bonds, . . 25,000 00 27,000 00 

St. Louis & San Francisco R.R. bonds, . . 30,000 00 32,400 00 

St. Louis, C, B. & O. Railway bonds, . . 18,000 00 19,250 00 

St. Louis County Park bonds, .... 15,000 00 16,950 00 

Missouri Electric Light & Power Co. bonds, . 20,000 00 23,600 00 

St. Clair, Madison & St. L. B. R.R. bonds, . 30,000 00 22,500 00 

Peirce City (Mo.) bonds, 15,000 00 15,000 00 

National Bank of Commerce, St. Louis, stock, 300,000 00 750,000 00 

Mechanics' Bank, St. Louis, stock, . . . 16,600 00 34,860 00 

Boatmen's Bank, St. Louis, stock, . . . 10,000 00 18,500 00 

Laclede Gas Light Co., St. Louis, stock, . . 4,800 00 4,800 00 



Securities held as collateral for cash loans : — 



$746,400 00 $1,260,160 00 



Market Value. Loaned Thereon. 

500 shares Broadway Real Est. Co., St. L., Mo., $50,000 00 $25,000 00 



Summary of Assets Dec 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, 
Premiums in course of collection (gross), 
Gross assets, ..... 
Deduct special deposits in other States, . 

Balance, 



$500,000 00 

7,703 45 

1,260,160 00 

25,000 00 

4,307 46 

86,298 28 

135,137 84 



$2,018,607 03 
66,500 00 

$1,952,107 03 



* Value of lands mortgaged, . . ' . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$15,000 00 

21,000 00 

9,200 00 



128 



AMERICAN CENTRAL INSURANCE CO. 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Paid-up capital, .... 



$25,085 05 

38,750 00 

7,850 00 

$71,685 05 
10,998 67 

$60,686 38 

712,717 63 

20,270 67 

305 67 

$793,980 35 
9,034 96 



$784,945 39 

1,167,161 64 
600,000 00 



Surplus over capital, $567,161 64 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . - 

Interest and dividends received from all sources, 

Income from rents, 



$128,524 75 
1,102,885 61 

$1,231,410 36 
135,137 84 

$1,096,272 52 
228,396 18 



$867,876 34 
58,527 42 
16,982 59 



Gross cash income, $943,386 35 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for miscellaneous, 



$605,720 39 
102,317 21 



$503,403 18 
60,000 00 

157,753 68 
73,986 12 
27,172 29 

119,664 02 



Gross cash expenditures, 



$941,979 29 



AMERICAN FIRE INSURANCE CO. 



129 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$118,725,666 00 $1,373,078 43 
. 97,121,715 00 1,102,885 61 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$215,847,381 00 $2,475,964 04 
. 77,451,385 00 960,091 01 



$138,395,996 00 $1,515,873 03 
. 7,500,437 00 93,881 44 



$130,895,559 00 $1,421,991 59 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$21,806,317 00 

10,932,848 00 

498,356 00 

1,466,412 00 

60,000 00 

99,175 00 



"AMERICAN FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated April 30, 1857. Commenced business May 1, 1857.] 

Paid-up Capital, $400,000. 

GEO. S. A. YOUNG, President. WALTER S. ALLEY, Secretary. 



Detailed Statement op Stocks and Bonds. 

Par Value. 

United States bonds, $200,000 00 

State of Georgia bonds, 25,000 00 

City of Brooklyn bonds, 100,000 00 

City of New York school-house bonds, . . 100,000 00 

City of Richmond bonds, 20,000 00 

Detroit City Gas Co. bonds, .... 35,000 00 

Central Pacific R'y Co. bonds, .... 100,000 00 
Illinois Central R.R. bonds, .... 50,000 00 

St. Louis, Iron Mt. & Southern R'y Co. bonds, 35,000 00 

Chic, Mil. & St. Paul R'y Co. stock, . . 50,000 00 

Cleve., Cin., Chic. & St. Louis R'y Co. stock, . 50,000 00 

Illinois Central R.R. stock, .... 50,000 00 

Northern Pacific R'y stock, .... 50,000 00 

Pennsylvania R.R. Co. stock, .... 50,000 00 

Union Pacific R.R. Co. stock, .... 50,000 00 

Chic, Rock Island & Pacific R'y stock, . . 50,000 00 



Market Value. 

$210,000 00 
28,125 00 
104,000 00 
105,000 00 
20,600 00 
34,800 00 
83,500 00 
51,250 00 
89,900 00 
72,51)0 00 
57,000 00 
65,500 00 
43,000 00 
73,000 00 
41,500 00 
60,000 00 



$1,015,000 00 $1,0*9,175 00 



130 



AMERICAN FIRE INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Reinsurance due on losses paid, 

Preni's more than three mos. due, $666 00 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



Liabilities. 



Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance and return premiums, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



81,089,175 00 

2,358 30 

100,327 60 

2,295 83 

253,140 38 

30,926 77 



$1,478,223 88 
153,725 00 

$1,324,498 88 



153,553 75 

72,821 70 

1,342 68 

$127,718 13 

27,931 29 



1,786 84 

604,355 49 

54,257 48 

7,620 76 

5,628 49 

$771,649 06 
63,522 42 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $249,435 02 
Same not collected, 596 82 

Net collected, $248,838 20 

Premiums on risks written or renewed, . 1,380,488 77 

Total, $1,629,326 97 

Premiums now in course of collection, . . 253,806 38 

Entire premiums collected, .... $1,375,520 59 
Less reinsurance and return premiums, . . 433,832 96 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



708,126 64 

$616,372 24 
400,000 00 

$216,372 24 



$941,687 63 

759 17 

41,956 72 

$984,403 52 



AMEKICAN FIRE INSURANCE CO. 



131 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for miscellaneous 



$793,163 
98,929 



17 

06 



Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$156,985,845 
180,163,849 



$694,234 11 

195,664 30 

63,204 31 

29,086 46 

8,093 57 

46,436 59 

$1,036,719 34 



Premiums. 

00 $1,174,662 55 
00 1,380,488 77 



$337,149,694 
165,884,972 



00 $2,555,151 32 
00 1,205,193 79 



$171,264,722 
21,600,515 



00 $1,349,957 53 
00 201,255 29 



$149,664,207 00 $1,148,702 24 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Company's stock owned by directors, . . . . 



$16,417,353 00 

. 9,402,717 00 

664,825 00 

. 1,472,000 00 

13,000 00 



" AMERICAN FIRE INSURANCE COMPANY," PHILADELPHIA, PA. 

[Incorporated Feb. 28, 1810. Commenced business March*12, 1810.] 
Paid-up Capital, $500,000. 

THOMAS H. MONTGOMERY, President. RICHARD MARIS, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Philadelphia & Reading R.R. bonds, . . 887,000 00 $85,742 75 

Steubenville & Indiana R.R. bonds, . . . 21,000 00 23,730 00 

Belt Road & Stock Yards bonds, . . . 20,000 00 23,000 00 

Chicago & Western Indiana R.R. bonds, . . 5,000 00 5,250 00 

State of Georgia bonds, 25,000 00 29,250 00 

Huntingdon & Broad Top Mount. R.R. bonds, 20,000 00 21,200 00 

Lehigh Valley R.R. bonds, .... 76,000 00 90,900 00 

Mortgage Trust Co. of Penn. bonds, . . 25,000 00 20,000 00 

Middlesex Banking Co. debentures, . . 25,000 00 25,000 00 

Northern Central Railway bonds, . . . 14,000 00 15,050 00 

Northern Pacific R.R. bonds, .... 15,000 00 10,725 00 



132 



AMERICAN FIRE INSURANCE CO. 



Penn. & New York Canal & R'y Co. bonds, 
City of Portland water bonds, . 
Wheeling & Lake Erie R.R. bonds, . 
Hughesville water bonds, 
Pitts., Cin., Chic. & St. Louis R.R. bonds, 
Springfield water bonds, .... 
Camden & Atlantic R.R. bonds, 
Pittsburg, Chartiers & Yough. R.R. bonds, 
Omaha Loan & Trust Co. debentures, 
Norfolk & Western Car Trust bonds, 
Ashtabula & Pittsburgh R.R. bonds, 
Seaboard & Roanoke R.R. bonds, 
Electric & People's Traction Trust certificates 
Berwyn water bonds, .... 
Second Avenue Traction Co., Pitts., bonds, 
United Traction Co., Pittsburgh, bonds, . 
Glenwood Highway Bridge Co. bonds, . 
Northwestern Guaranty debentures, 
Louisville & Nashville R.R. bonds, . 

35 shares Philadelphia Bourse, 
150 " Northern Pacific R.R., . 
500 " Cambria Iron Co., . 

45 " Wheeling & Lake Erie R.R., . 



Securities held as collateral for cash loans : — 

Lehigh Coal & Navigation Co. bonds, 
5 shares Fourth St. National Bank, . 



Par Value. 

$50,000 00 
50,000 00 
15,000 00 
20,000 00 
30,000 00 
10,000 00 
15,000 00 
24,000 00 
10,000 00 
12,000 00 
15,000 00 
20,000 00 
35,000 00 
10,000 00 
11,000 00 
25,000 00 
10,000 00 
25,250 00 
20,000 00 

1,375 00 
15,000 00 
25,000 00 

4,500 00 



Market Value. 

$54,125 00 
57,500 00 
13,575 00 
20,000 00 
34,950 00 

9,850 00 
15,750 00 
23,780 00 
10,000 00 
12,000 00 
17,700 00 
21,800 00 
35,350 00 

9,500 00 
13,200 00 
29,250 00 
11,400 00 
10,100 00 
19,800 00 
190 00 
13,200 00 
22,750 00 

2,092 50 



$786,125 00 $807,710 25 



Market Value. Loaned Thereon. 

$3,900 00 
1,050 00 



$3,800 00 



?4,950 00 $3,800 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $2,443,064 27 



$404,379 50 

936,475 55 

21,661 40 

807,710 25 

3,800 00 

9,310 51 

139,098 29 

95 00 

156,635 14 

21,398 63 



$2,500,564 27 
57,500 00 



* Value of lands mortgaged $1,015,612 00 

Value of buildings thereon 1,10S,437 00 

Amount of insurance held as collateral, .... 807,330 00 



AMERICAN FIRE INSURANCE CO. 



133 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$37,170 40 

82,941 09 

5,991 55 

1,026,228 08 

577,377 46 

23,495 27 

5,056 47 

fl,758,260 32 
10,379 14 



$1,747,881 18 

$695,183 09 
500,000 00 

$195,183 09 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash tire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



$120,003 13 
1,697,384 16 

$1,817,387 29 
156,635 14 

$1,660,752 15 
357,543 80 



sources, 



$1,303,208 35 

50,377 55 

40,660 21 

9,233 20 

12,075 30 



$26,793 45 



$1,415,554 61 



Expenditures. 

Cash paid for fire losses, $1,096,389 44 

Deduct salvage and reinsurance, . . . 108,651 20 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expense on real estate, 

for incidentals, .... 

Deposits returned on perpetual fire risks, . $18,154 37 



$987,738 24 

35,000 00 

294,989 85 

116,300 00 

38,980 58 

7,177 20 

107,875 83 



Gross cash expenditures, 



. $1,588,061 70 



134 



UNDERWRITERS AT AMERICAN LLOYDS. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, .... 
Deduct amount reinsured, 

Net amount in force, .... 

Perpetual risks in force (not incl'd above) , 



$190,651,410 00 
. 198,369,667 00 

$389,021,077 00 
. 190,651,410 00 

$198,369,667 00 
. 10,956,468 00 

$187,413,199 00 

$23,182,810 00 



Premiums. 

(2,101,712 37 

1,697,384 16 

$3,799,096 53 

1,624,128 93 

$2,174,967 60 

124,111 50 

$2,050,856 10 

£631,964 81 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (7 per cent.), . 
Company's stock owned by directors, . 



$37,055,561 00 
21,998,437 00 
1,052,107 00 
2,883,936 00 
35,000 00 
17,800 00 



"UNDERWRITERS AT AMERICAN LLOYDS," NEW YORK. 

[Commenced business April, 1890.] 
GEORGE A. STANTON, Attorney and Manager. 



Detailed Statement of Stocks 



New York city bonds, .... 
Brooklyn city (East River Bridge) bonds, 
West Shore R.R. bonds, .... 
Pitts., Cin., Chic. & St. Louis R.R. bonds, 

Indiana State bonds, 

Massachusetts State bonds, 

Essex Co. Park (New Jersey) bonds, 

Metropolitan Street R 7 y bonds, 



and Bonds. 

Par Value. 

$ 175,000 00 
50,000 00 
40,000 00 
25,000 00 
30,000 00 
30,000 00 
50,000 00 
50,000 00 



Market Value. 

8180,000 00 
55,500 00 
46,000 00 
26,625 00 
30,000 00 
33,975 00 
59,000 00 
61,125 00 



$450,000 00 $492,225 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



?492,225 00 

19,374 66 

62,459 07 

4,378 34 

43,097 36 



$621,534 43 



UNDERWRITERS AT AMERICAN LLOYDS. 



135 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . ... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Subscribers' deposits paid up, . 

Surplus over subscribers 1 deposits, 

Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 
Profit on sale of bonds, 



§750 00 

98,493 93 

10,774 34 

3,799 14 

1,874 67 



$42,624 21 
237,886 41 

$280,510 62 
43,097 36 

$237,413 26 
41,308 47 



Gross cash income, 



Expenditures. 



Cash paid for fire losses, 151,517 60 

Deduct reinsurance, 1,692 71 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 
for salaries of officers, 
for State and local taxes, 
for incidentals, .... 
Paid retiring subscribers, $15,341 91 

Gross cash expenditures, 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



.$23,930,816 00 
. 28,016,130 00 

.$51,946,946 00 
. 28,481,588 00 

.$23,465,358 00 
541,265 00 



$115,692 08 

$505,842 35 
100,000 00 

$405,842 35 



$196,104 79 

15,966 01 

6,881 25 

$218,952 05 



$49,824 89 

37,401 69 

55,697 06 

3,020 00 

3,209 13 

1,915 44 

il51,068 21 



Premiums. 

$191,140 19 
237,886 41 

$429,026 60 
227,203 15 

$201,823 45 
4,835 59 



. $22,924,093 00 $196,987 86 



136 



AMERICAN MUTUAL FIRE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, , 

Cash dividends declared from organization of company, 



$2,050,711 00 

767,839 00 

48,189 00 

236,801 00 



"AMERICAN MUTUAL FIRE INSURANCE COMPANY," 
PROVIDENCE, R. I. 

[Incorporated June 1, 1877. Commenced business June 1, 1877.] 
THOMAS J. BORDEN, President. THEODORE P. BOGERT, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 



United States bonds, 
Rhode Island State bonds, 
Providence city bonds, 
Boston city bonds, .... 
Denver City Tramway Co. bonds, . 
117 shares Providence & Worcester R.R. 
150 " Old Colony R.R., . 
62 " N. Y.,N. H. & Hartford R.R., 
100 " Morris & Essex R.R., 



Par Value. 

825,000 00 

48,000 00 

20,000 00 

20,000 00 

8,000 00 

11,700 00 

15,000 00 

6,200 00 

5,000 00 



Market Valne. 

$34,500 00 
49,620 00 
23,400 00 
21,500 00 

8,000 00 
35,100 00 
30,450 00 
13,082 00 

9,400 00 



8158,900 00 $225,052 00 



Summary of Assets Dec. 31, 1900. 

Stocks, bonds, etc., as per schedule, . . $225,052 00 

Cash deposited in bank, 12,631 66 

Interest due and accrued, 2,056 50 

Premiums in course of collection (gross), . 1,783 37 

Gross assets, £241,523 53 

Liabilities. 

Unearned premiums on outstanding risks, . $80,834 17 

State and local taxes, 3,072 07 

Gross liabilities 83,906 24 

Net cash assets, § 157,617 29 

Income. 

Premiums outstanding Dec. 31, 1899, . . $1,812 49 

Premiums on risks written or renewed, . . 170,191 42 

Total, $172,003 91 

Premiums now in course of collection, . . 1,783 37 

Entire premiums collected, .... $170,220 54 

Less reinsurance and return premiums, . . 7,548 08 

Net cash premiums received, .... $162,672 46 

Interest and dividends received from all sources, . . . 7,563 38 



Gross cash income, $170,235 84 



ASSURANCE COMPANY OF AMERICA. 



137 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 

Gross cash expenditures, .... 



Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $18,311,660 00 
Risks written during 1900, . 21,274,494 00 



Total, $39,586,154 00 

Risks terminated during 1900, . 19,715,757 00 



Cash Prem's. 

$154,716 43 
171,062 43 

$325,778 86 
164,110 52 



$14,084 00 

140,160 70 

4,329 42 

3,337 46 

' 3,807 43 

$165,719 01 



Conting't Prem's. 

$773,582 15 
855,312 15 

$1,628,894 30 
820,552 60 



In force at end of year, . . $19,870,397 00 

Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 90.08 per cent. 



$161,668 34 $808,341 70 



$14,084 00 



"ASSURANCE COMPANY OF AMERICA," NEW YORK, N. Y. 

[Incorporated Feb. 25, 1897. Commenced business April 1, 1897.] 

Paid-up Capital, $200,000. 

ROBERT C. RATHBONE, President. R. BLEECKER RATHBONE, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $200,000 00 $212,000 00 

New York city bonds 200,000 00 222,306 15 



$400,000 00 $434,306 15 

Summary of Assets Dec. 31, 1900. 

Stocks and bonds, as per schedule, . . . $434,306 15 

Cash in the office of the company, ... 10 07 

Cash deposited in bank, 30,580 73 

Interest due and accrued, 1,278 59 

Premiums in course of collection (gross), . 53,256 00 

Reinsurance due on losses paid, . . . 1,557 00 

Gross assets, $520,988 54 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 



Liabilities. 



$1,086 00 

23,821 00 

250 00 

$25,157 00 
4,809 00 

$20,348 00 



138 



ASSURANCE COMPANY OF AMERICA. 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



8143,940 10 

11,231 17 

5,129 07 

10,689 69 



$191,338 03 

$329,650 51 
200,000 00 

$129,650 51 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $39,125 40 
Premiums on risks written or renewed, . . 394,532 69 

Total, $433,658 09 

Premiums now in course of collection, . . 53,256 00 

Entire premiums collected, .... $380,402 09 
Less reinsurance and return premiums, . . 155,113 69 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Income from profit on sale of bonds, 



$225,288 40 

13,904 82 

3,960 66 



Gross cash income, $243,153 88 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 
Cash paid for marine and inland losses, 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



$243,527 37 

59,714 58 

$461 09 

8 16 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $29,582,105 00 
. 37,848,294 00 



.$67,430,399 00 
. 34,623,933 00 

.$32,806,466 00 
. 7,131,903 00 



$183,812 79 



452 93 

24,000 00 

71,686 34 

3,085 00 

6,319 25 

2,845 92 

$292,202 23 



Premiums. 

$284,335 58 
394,532 69 

$678,868 27 
326,524 86 

$352,343 41 
71,493 35 



.$25,674,563 00 $280,850 06 



ATLANTIC MUTUAL INSURANCE CO. 



139 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, . 



^933,068 00 

545,188 00 

156,097 00 

78,000 00 

24,000 00 

78,600 00 



"ATLANTIC MUTUAL INSURANCE COMPANY," 
NEW YORK, N. Y. 

[Incorporated April 11, 1842. Commenced business July 1, 1842.] 

A. A. KAVEN, President. JOSEPH H. CHAPMAN, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value.* 

American Exchange Bank stock, . . . $90,000 00 $90,000 00 

Bank of America stock, 50,000 00 50,000 00 

Bank of Commerce stock, 64,100 00 64,100 00 

Bank of New York stock, .... 94,200 00 94,200 00 

Leather Manufacturers 1 Bank stock, . . 25,600 00 25,600 00 

Merchants' Bank stock, 70,150 00 70,150 00 

Mechanics' Bank stock, 47,675 00 47,675 00 

Manhattan Company stock, .... 18,000 00 18,000 00 

Market & Fulton Bank stock, .... 30,000 00 30,000 00 

Phenix Bank stock, 82,140 00 82,140 00 

New Yor-k State stock, 400,000 00 400,000 00 

Atlantic Trust Co. stock, 151,000 00 151,000 00 

Consolidated Gas Co. stock, .... 62,500 00 62,500 00 

New York City stock, 729,600 00 752,660 00 

Long Island R.R. Co. stock, .... 50,000 00 15,000 00 

Pennsylvania R.R. Co. stock, .... 165,000 00 198,000 00 

N. Y., Lackawanna & Western R.R. stock, . 50,000 00 61,687 00 

Morris & Essex R.R. Co. stock, . . . 20,000 00 34,475 00 

Delaware, Lackawanna & Western R.R. stock, 100,000 00 159,212 00 

Chicago & Northwestern R'y Co. stock, . . 100,000 00 160,000 00 

United States Mortgage & Trust Co. stock, . 10,000 00 26,420 00 

N. Y. Central & Hudson River R.R. stock, . 759,000 00 626,580 00 

N. Y. Cent. & Hudson River R.R. bonds, . 234,000 00 222,825 00 

New York, Chicago & St. Louis R.R. bonds, . 200,000 00 150,000 00 

West Shore R.R. bonds 200,000 00 150,000 00 

Brooklyn & Montauk R.R. bonds, . . . 75,000 00 60,000 00 

Brooklyn city park bonds 122,000 00 109,800 00 



* Estimated for the purpose of permanent investment. 



140 



ATLANTIC MUTUAL INSURANCE CO. 



Jersey City water bonds, . 
District of Columbia bonds, 
United States bonds, . 



Par Value. Market Value. 

$ 100,000 00 $100,000 00 

1,025,000 00 1,025,000 00 

500,000 00 500,000 00 



$5,624,965 00 $5,537,024 00 



Securities held as collateral for cash loans : — 



Southern Railway Co. stock, 

Chicago, Burl. & Quincy Railway stock, . 

Atchison, Topeka & Santa Fe R'y Co. stock, 

Chicago & Alton R'y Co. bonds, 

Great Northern R'y Co. stock, . 

Atchison, Topeka & Santa Fe R'y stock, . 

Chicago & Alton R'y Co. bonds, 

Great Northern R'y Co. stock, . 

Chicago, Burlington & Quincy R'y Co. stock, 

Atchison, Topeka & Santa Fe R'y Co. stock, 

Chicago, Burlington & Quincy R'y Co. stock, 

Chicago & Great Western R'y Co. stock,. 



Market Value. 

$19,600 00 
137,000 00 
84,000 00 
22,750 00 
90,000 00 
67,200 00 
91,000 00 
18,000 00 
41,100 00 
8,400 00 
41,100 00 
23,400 00 



Loaned Thereon. 

$13,496 00 
200,000 00 



200,000 00 



50,000 00 



50,000 00 



$643,550 00 $513,496 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate,* 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, . 
Cash depos. in bank, and with foreign bankers, 
Notes taken for marine and inland risks, 

Gross assets, 



$1,747,873 59 

5,537,024 00 

513,496 00 

1,559,563 46 

1,156,783 60 



-$10,514,740 65 



Liabilities. 

Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 
Unearned premiums on outstanding risks, 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, 

Return premiums, 

Miscellaneous, 

Gross liabilities, except scrip, . 



Surplus as regards policy holders, . 
Scrip outstanding, not ordered to be redeemed, 



£95,875 92 
1,322,426 42 

14,100 00 
699,323 61 
199,826 48 

43,936 97 
121,733 63 

20,406 44 



2,517,629 47 



. $7,997,111 18 
. 6,287,910 00 



Surplus over capital $1,709,201 18 



* Estimated for the purpose of permanent investment. 



ATLANTIC MUTUAL INSUKANCE CO. 



141 



Income. 

Marine premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, 

Interest and dividends received from all sources, 

Income from rents, .... 



Gross cash income, 



. $1,107,844 18 
1,074 60 

. $1,106,769 58 
. 3,278,413 54 

. $4,385,183 12 
. 1,254,859 71 

. $3,130,323 41 
167,181 94 



- $2,963,141 47 

361,947 65 

23,833 36 

. $3,348,922 48 



Expenditures. 

Cash paid for marine and inland losses, . . $1,517,947 05 
Deduct salvage and reinsurance, . . . 164,703 93 

Net cash paid for marine and inland losses, . 

Cash paid for redemption of scrip, .... 

Interest paid scrip holders, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, . 

for State and local taxes, .... 

Gross cash expenditures, 



$1,353,243 12 

1,273,180 00 

379,767 00 

34,697 51 

324,727 50 

61,107 03 

$3,426,722 16 



Risks and Premiums. 

Premiums. 

Marine risks outstanding Dec. 31, 1899, . $128,944,985 00 $828,796 25 
Marine risks written during 1900, . . 650,298,360 00 3,278,413 54 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 



$779,243,345 00 $4,107,209 79 
623,490,330 00 3,407,886 18 



$155,753,015 00 $699,323 61 



Miscellaneous. 
Marine and inland losses incurred during the year (estimated), $1,503,145 00 



142 



BLACKSTONE MUTUAL FIRE INSURANCE CO. 



"BLACKSTONE MUTUAL FIRE INSURANCE COMPANY," 

PROVIDENCE, R. I. 

[Incorporated August, 1868. Commenced business August, 1868.] 
JOHN EDDY, President. \VM. IS. McBEE, Secretary. 



Detailed Statement of Stocks, 



Rhode Island State bonds, 

United States bonds, .... 

Chicago, Burl. & Quincy R.R. bonds, 

United Traction & Electric Co. bonds, 

255 shares Chic, Burl. & Quincy R.R., 

220 

200 

200 

200 

220 

150 

50 
100 
400 
200 
200 
300 

62 

50 

50 



Chic, Rock Island & Pac R.R., 
Illinois Central R.R., 
Chicago & Northern R.R., 
Rome, Watertown & Og. R.R., 
Pennsylvania R.R., . 
Pitts., Ft. Wayne & Chic R.R., 
Rensselaer & Saratoga R.R., . 
Morris & Essex R.R., 
National B'k of North America, 
National Bank of Commerce, . 
Lime Rock National Bank, 
Commercial National Bank, . 
Fourth National Bank, . 
Old National Bank, . 
Manufacturers 1 Trust Co., 



Bonds, etc. 

Par Value. 

$100,000 00 

16,000 00 

5,000 00 

25,000 00 

25,500 00 

22,000 00 

20,000 00 

2 i,000 00 

20,000 00 

11,000 00 

15,000 00 

5,000 00 

5,000 00 

20,000 00 

10,000 00 

4,000 00 

15,000 00 

6,200 00 

5,000 00 

5,000 00 



Market Value. 

1110,000 00 

22,080 00 

5,300 00 

28,500 00 

36,210 00 

26,400 00 

26,400 00 

34,200 00 

26,800 00 

16,170 00 

27,750 00 

9,750 00 

9,500 00 

18,000 00 

9,800 00 

1,000 00 

14,550 00 

7,254 00 

4,600 00 

8,500 00 



$354,700 00 $442,764 00 



Summary of Assets Dec. 31, 1900. 



Stocks, bonds, etc., as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



§442,764 00 

37,551 84 

6,149 15 

4,265 15 



§490,730 14 



Liabilities. 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, 



8178,989 64 
6,682 59 



185,672 23 



Net cash assets, . $305,057 91 



BRITISH AMERICAN INSURANCE CO. OF NEW YORK. 143 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Interest and dividends received from all sources, 



85,299 34 
376,665 47 

$381,964 81 
4,265 15 

$377,699 66 
17,042 03 



$360,657 63 
17,305 86 



Gross cash income, $377,963 49 

Expenditures. 

Cash paid for losses, $31,140 72 

as profits on terminated policies, .... 290,11484 

for inspections, 5,539 44 

for salaries of officers and employees, . . . 10,569 16 

for State and local taxes, 7,101 64 

for rents, 1,333 33 

for incidentals, 2,169 64 

. . . . f347,968 77 



Gross cash expenditures, .... 

Risks and Premiums. 

Amount. Cash Prem's. 

Risks outstanding Dec. 31, 1899, $41,040,135 00 $324,555 48 
Risks written during 1900, . 48,383,398 00 376,665 47 



Total, 189,423,533 00 $701,220 95 

Risks terminated during 1900, . 43,747,984 00 343,241 67 



Conting't Prem's. 

$1,622,777 40 
1,883,327 35 

$3,506,104 75 
1,716,208 35 



In force at end of year, . . $45,675,549 00 $357,979 28 $1,789,896 40 

Miscellaneous. 
Losses incurred during the year, 



$26,614 00 



Profits or surplus returned during 1900, 89.05 per cent. 



"BRITISH AMERICAN INSURANCE COMPANY OF NEW YORK," 

NEW YORK, N. Y. 

[Incorporated February, 189S. Commenced business February, 1898.] 

Paid-up Capital, $200,000. 

SILAS P. WOOD, President. JOSEPH M. BIGGERT, Secretary. 



New York City bonds, 
United States bonds, 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

$100,000 00 f 109,250 00 

100,000 00 106,000 00 



$200,000 00 $215,250 00 



144 BRITISH AMERICAN INSURANCE CO. OF NEW YORK. 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Reinsurance due on losses paid, 

Gross assets, 



$215,250 00 

58,631 80 

583 33 

12,957 69 

530 69 



$287,953 51 



Liabilities. 

Losses adjusted, reported and resisted, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$10,806 06 
1,519 75 

$9,286 31 

38,490 22 

3,239 42 

3 75 



51,019 70 

$236,933 81 
200,000 00 

$36,933 81 



Income. 
Fire premiums outstanding Dec. 31, 1899, . $73,358 13 
Premiums on risks written or renewed, . . 293,265 87 

Total, $366,624 00 

Premiums now in course of collection, . . 12,957 69 

Entire premiums collected, .... $353,666 31 
Less reinsurance and return premiums, . . 221,320 85 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Income from profit on sale of bonds, 

Income from profit and loss, 



$132,345 46 

9,566 80 

3,194 03 

69 06 



Gross cash income, $145,175 35 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$139,050 46 
21,220 57 



$117,829 89 

42,958 98 

3,420 41 

3,104 90 

2,303 89 

$169,618 07 



BUFFALO COMMERCIAL INSURANCE CO. 



145 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$34,522,171 00 

24,122,433 00 

$58,644,604 00 

49,736,442 00 

$8,908,162 00 

973,936 00 



Premiums. 

$257,315 29 
293,265 87 

$550,581 16 
471,741 82 

$78,839 34 
9,875 24 



$7,934,226 00 $68,964 10 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$419,850 00 
307,697 00 
100,336 00 
180,000 00 



"BUFFALO COMMERCIAL INSURANCE COMPANY," 
BUFFALO, N. Y. 

[Incorporated April 15, 1896. Commenced business April 16, 1896.] 

Paid-up Capital, $200,000. 

JOHN G. WICKSER, President. GEO. H. HOFHEINS, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

New York State bonds, f 100,000 00 

Buffalo (N. Y.) city bonds, .... 45,000 00 

United States bonds, 27,300 00 



Market Value. 

$102,500 00 
46,165 00 
28,665 00 



$172,300 00 $177,330 00 



Summary of Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *), $118,900 00 

Interest due or accrued thereon, . . . 1,847 83 

Stocks and bonds, as per schedule, . . . 177,330 00 

Cash in the office of the company, . . . 1,361 16 

Cash deposited in bank, 29,364 13 

Interest due and accrued, 277 08 

Premiums in course of collection (gross) , . 19,781 80 

Gross assets, 



$348,862 00 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 



$479 77 
6,960 00 
1,423 32 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, . 



$134,133 00 
126,375 00 
110,900 00 



146 



BUFFALO COMMERCIAL INSURANCE CO. 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$99,525 95 

4,945 40 

87 37 



$113,421 81 

$235,440 19 
200,000 00 



Surplus over capital, $35,440 19 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 



Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 



$15,489 56 
7 60 

§15,481 96 
181,249 00 

8196,730 96 
19,781 80 

$176,949 16 
34,968 37 



sources, . 



$141,980 79 
6,078 60 
5,811 66 



Gross cash income, $153,871 05 



Expenditures. 

Cash paid for fire losses, $105,277 71 

Deduct salvage and reinsurance, . . . 3,462 52 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, .... 

for salaries of officers and employees, . 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$15,564,495 00 

17,005,146 00 

$32,569,641 00 

14,178,807 00 

$18,390,834 00 

523,703 00 



$101,815 19 

35,371 39 

6,806 80 

3,737 35 

6,801 61 

$154,532 34 



Premiums. 

§154,280 85 
181,249 00 

$335,529 85 
145,456 77 

$190,073 08 
3,900 18 



$17,867,131 00 $186,172 90 



BUFFALO GERMAN INSURANCE CO. 



147 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Company's stock owned by directors, 



$504,358 00 

277,987 00 

92,553 00 

6,000 00 

48,500 00 



"BUFFALO GERMAN INSURANCE COMPANY," BUFFALO, N. Y. 

[Incorporated Feb. 15, 1867. Commenced busine9S Feb. 16, 1867.] 

Paid-up Capital, $200,000. 

OLIVER J. EGGERT, President. CHARLES A. GEORGER, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

$100,000 00 



United States bonds, . 

Buffalo city bonds, . 

State of New York bonds, 

Buffalo & Southwestern R.R. bonds, 

Tonawanda Gas Co. bonds, 

Third National Bank, Buffalo, stock, 



Securities held as collateral for cash loans : 

Exchange Elevator Co., Buffalo, N. Y., stock, 
German Bank, Buffalo, N. Y., stock, 
Buffalo Loan, Trust & Safe Deposit Co. stock 
Union Bank, Buffalo, N. Y., stock, . 
Buffalo Co-operative Brewing Co. stock, . ■ 
Buffalo Co-operative Stove Co. stock, 
Internat'l Brewing Co., Buffalo, N. Y., stock, 
Internat'l Brewing Co., Buffalo, N. Y., stock, 
Magnus Beck Brewi'g Co., Buffalo, N. Y., stock 
Buffalo Southwestern Railroad Co. bonds, 
Buffalo General Electric Co. bonds, . 
Fidelity Trust & Guar. Co., Buffalo, N. Y., st'k 
German Bank, Buffalo, N. Y., stock, 
Buffalo Co-operative Brewing Co. stock, . 
Crystal Water Co., Buffalo, N. Y., stock, 
Central Production Co., Pittsburgh, Pa., stock 
Erie County Search Co., Buffalo, N. Y., stock 
N'l Electrolytic Co., Niagara Falls, N. Y., st'k 
German Bank, Buffalo, N. Y., stock, 
Niagara Falls & Suspensi'n Bridge R'y Co. b'ds 
Third National Bank, Buffalo, N. Y., stock, 



714,936 29 
45,000 00 
36,250 00 
33,000 00 
45,000 00 



Market Value 

$ 100,000 00 
714,936 29 
45,000 00 
36,250 00 
33,000 00 
45,000 00 



$974,186 29 $974,186 29 



Market Value. 

f 1,000 00 

8,000 00^1 

6,250 00 

12,500 00 

5,400 00 

8,700 00 

1,375 00 ; 

2,090 00 

495 00 

6,050 00 

4,000 00 

11,250 00 

12,000 00 

1,350 00 

3,000 00 

1,250 00 

18,800 00 

10,000 00 

8,000 00 

4,120 00 

1,200 00 



Loaned Thereon. 

$700 00 



25,000 00 

2,000 00 

8,000 00 

6,500 00 
1,000 00 
1,700 00 

10,000 00 
6,000 00 
4,500 00 



$126,830 00 $65,400 00 



148 



BUFFALO GERMAN INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets,f ..... 

Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from brokerage, . 



Gross cash income, 



other 



$300,000 00 

456,860 00 

6,639 88 

974,186 29 

65,400 00 

2,838 98 

.161,073 19 

6,120 60 

51,894 22 

2,918 76 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 



$2,027,931 92 



$1,758 52 

21,508 75 

5,168 91 

342,542 95 

10,378 84 

315 39 



381,673 36 

. $1,646,258 56 
200,000 00 



. 61,446,258 56 



$45,245 10 
487,736 17 

$532,981 27 
51,894 22 

$481,087 05 
104,490 37 



sources, 



$376,596 68 

24,609 23 

40,212 74 

2,407 93 

$443,826 58 



$266,557 70 
29,123 46 



8237,434 24 



* Value of lands mortgaged $650,635 00 

Value of buildings thereon, 477.575 00 

Amount of insurance held as collateral, . . . . 363,150 00 

t Including $200,000 special reserve fund held under New York law. 



CALEDONIAN-AMERICAN INSURANCE CO. 



149 



Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expense on real estate, 

for incidentals, .... 

Gross cash expenditures, .... 



$40,000 00 
96,277 91 
27,425 84 
7,586 13 
12,982 77 
31,035 79 

$452,742 68 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

.$65,789,211 00 f 626,586 19 
. 48,370,774 00 487,736 17 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$114,159,985 00 $1,114,322 36 
. 42,404,770 00 425,911 23 



.$71,755,215 00 $688,411 13 
. 3,839,808 00 37,937 92 



7,915,407 00 $650,473 21 



Miscellaneous. 

Premiums received from organization of company, . . $9,984,030 00 

Losses paid from organization of company, .... 4,797,612 00 

Fire losses incurred during the year, 237,951 00 

Cash dividends declared from organization of company, . 1,145,925 00 

Dividends declared during the year (20 per cent.), . . 40,000 00 

Company's stock owned by directors, 48,700 00 



"CALEDONIAN-AMERICAN INSURANCE COMPANY," 
NEW YORK, N. Y. 

[Incorporated Dec. 24, 1897. Commenced business March 24, 1898.] 

Paid-up Capital, $200,000. 

CHARLES H. POST, President. N. A. McNEIL, Vice-President and Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

New York City school bonds, .... $200,000 00 $200,000 00 

Chic., Mil. & St. Paul R.R. Co. stock, . . 10,000 00 18,700 00 

Chicago & Northwestern R'y Co. stock, . . 7,500 00 16,200 00 

Central Union Gas Co. of N. Y. bonds, . . 5,000 00 5,400 00 

Broadway & Seventh Ave. R.R. Co. bonds, . 10,000 00 12,300 00 

Steinway R.R. Co. of N. Y. bonds, . . . 5,000 00 5,850 00 

Brooklyn Union Gas Co. bonds, . . . 5,000 00 5,800 00 

Brooklyn, Queen's Co. & Sub. R.R. bonds, . 5,000 00 5,600 00 

N. Y., Ontario & Western R'y Co. bonds, . 5,000 00 5,375 00 

Tenth & Twenty-third Street Ferry Co. bonds, 5,000 00 5,250 00 



150 



CALEDONIAN- AMERICAN INSURANCE CO. 



Morris & Essex R'y Co. stock, . 
Cleveland & Pittsburgh R.R. Co. stock, 
Rome, Watert'n & Ogdens. R.R. stock, 



Par Value. 

$10,000 00 
10,000 00 
10,000 00 



Market Value. 

$19,000 00 
19,000 00 
13,500 00 



$287,500 00 $331,975 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $42 12 
Gross assets, 



$331,975 00 

10,295 25 

2,368 75 

27,863 71 

43 58 



$372,546 29 



Liabilities. 

Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Reinsurance, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$7,891 62 

18,426 50 

1,250 00 

$27,568 12 
11,129 28 

$16,438 84 

74,239 62 

6,687 29 

2,574 32 



99,940 07 

$272,606 22 
200,000 00 



Surplus over capital, $72,606 22 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest and dividends received from all sources, 



$21,761 17 
158,538 04 

$180,299 21 
27,919 13 

$152,380 08 
46,544 91 



$105,835 17 
11,125 00 



Gross cash income, 



$116,960 17 



CAMDEN FIRE INSURANCE ASSOCIATION. 



151 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



$107,483 08 
24,679 33 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $13,635,613 00 
. 17,499,515 00 



. $31,135,128 00 
. 13,347,985 00 

. $17,787,143 00 
. 2,337,206 00 



$82,803 75 

24,976 90 

2,626 71 

3,581 60 

3,077 14 

$117,066 10 



Premiums. 

$122,351 53 
158,538 04 

$280,889 57 
119,347 88 

$161,541 69 
23,887 32 



.$15,449,937 00 $137,654 37 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$258,192 00 

165,326 00 

78,254 00 

10,000 00 

4,500 00 



" CAMDEN FIRE INSURANCE ASSOCIATION," CAMDEN, N. J. 

[Incorporated March, 1841. Commenced business April, 1841.] 

Paid-up Capital, $200,000. 

EDMUND E. READ, Jr., President. JOSEPH K. SHARP, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Camden city bonds, $3,500 00 $4,015 00 

Lehigh Valley Coal Co. bonds, . . . 20,000 00 21,100 00 

Choctaw, Oklahoma & Gulf R.R. bonds, . . 15,000 00 16,125 00 

Read. Co. & Phil. & Read. Coal & Iron Co. b'ds, 20,000 00 18,600 00 

Consolidated Traction Co. of N. J. bonds, . 15,000 00 16,350 00 

Electric & People's Traction Co. bonds, . . 10,000 00 9,900 00 

Norfolk & Western R.R. Co. bonds, . . 20,000 00 19,800 00 

Maryland Steel Co. bonds, .... 10,000 00 10,050 00 

Syracuse Rapid Transit Co. bonds, . . . 6,000 00 5,940 00 

Asphalt Co. of America bonds, . . . 5,000 00 3,100 00 

Philadelphia Co. bonds, 13,000 00 14,300 00 



152 



CAMDEN FIRE INSURANCE ASSOCIATION. 



South Bound R.R. Co. bonds, . 

Wisconsin Central R.R Co. bonds, . 

City of Duluth bonds, 

Jersey City, Hoboken & Paters'n R.R. Co. b'ds, 
14 shares Girard Trust Co. (Phil.), 
50 " Phila. & Camden Ferry Co., 

100 " Philadelphia Traction Co., 



Securities held as collateral for cash loans 
Camden & Suburban R'y bonds, 



Par Value. 

110,000 00 
5,000 00 
5,000 00 
5,000 00 
1,400 00 
2,500 00 
5,000 00 



Market Value. 

39,875 00 
4,362 00 
• 5,296 00 
4,000 00 
7,000 00 
6,000 00 
9,900 00 



3171,400 00 $185,713 00 



Market Value. 

$1,050 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, . 
Cash in the office of the company, . 

Cash deposited in bank, 

Interest due and accrued, 

Premiums in course of collection (gross), 

Rents due and accrued, 

Advanced to pay taxes on property secured by 
mortgage, 

Prem's more than three mos. due, $ 100 50 
Gross assets, 



$46,100 00 

221,750 00 

5,860 21 

185,713 00 

1,000 00 

960 98 

29,187 21 

2,968 80 

18,635 19 

252 70 

109 20 



Liabilities. 



Losses claimed and reported, 
Less reinsurance, 



Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$8,821 74 

1,150 00 

87,671 74 

76,141 19 

24,171 08 

261 80 

255 26 

1,200 00 

6,719 46 

113 24 



Loaned Thereon. 

$1,000 00 



$512,537 29 



116,533 77 

$396,003 52 
200,000 00 

$196,003 52 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$2-25,350 00 
234,300 00 
204,000 00 



CAMDEN FIRE INSURANCE ASSOCIATION. 



153 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Income from miscellaneous, 

Deposits received for perpetual fire risks, 



$5,793 53 
19 30 

$5,774 23 
125,142 54 

$130,916 77 
18,735 69 

$112,181 08 
16,551 28 



sources, 



$95,629 80 

11,210 39 

6,763 21 

1,911 07 

327 99 



$301 87 



Gross cash income, $115,842 46 



Expenditures. 

Cash paid for fire losses, $50,075 45 

Deduct salvage and reinsurance, . . . 1,558 67 

Net cash paid for fire losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of ofiicers and employees, 

for State and local taxes, 

for repairs on real estate, 

for incidentals, 
Deposits returned on perpetual fire risks, . $876 17 

Gross cash expenditures, . 



,516 78 

10,644 00 

23,633 71 

6,264 00 

1,212 65 

797 02 

6,609 79 



$97,677 95 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900,. 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 
Perpetual risks in force (not incl'd above), 



$7,327,861 00 
12,773,184 00 

$20,101,045 00 

4,843,551 00 

$15,257,494 00 

310,770 00 

$14,946,724 00 

$1,217,300 00 



Premiums. 

$68,481 66 
125,142 54 

$193,624 20 
42,727 27 

$150,896 93 
3,154 00 

$147,742 93 
$26,856 75 



154 



THE CAPITAL FIRE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year, . 
Company's stock owned by directors, .... 



1445,555 00 

166,555 00 

52,583 00 

247,937 00 

10,573 00 

34,255 00 



"THE CAPITAL FIRE INSURANCE COMPANY OF CONCORD, 

N. H.," CONCORD, N. H. 

[Incorporated March 10, 1886. Commenced business March 19, 1886.] 

Paid-up Capital, $200,000. 

LYMAN JACKMAN, President. CHARLES L. JACKMAN, Secretary. 



Detailed Statement of Stocks 



City of Portsmouth, N. H., bonds, . 

City of Dover, N. H., bonds, 

City of Concord, N. H., bonds, 

New Hampshire Trust Co. bonds, . 

Muscatine Mort. & Trust Co. bonds, 

City Water Co., Merrill, Wis., bonds, 

Cent. Loan & Deb. Co., Kan. City, Mo., bonds 

Win field Water Co. bonds, 

Johnson L'n & Tr. Co., Ark. City, Kan., bonds 

Grand Forks, Da., Gas & Elec. Co. bonds, 

Wichita, Kan., Water Co. bonds, 

Metropolitan West End R.R. Co. bonds, . 

Neb. Loan & Tr. Co., Hastings, Neb., bonds, 

City of Kingman, Kan., Water Co. bonds, 

Town of Montrose, Col , bonds, 

Denver Consolidated Electric Co. bonds, . 

Denver Consolidated Gas & Elec. Co. bonds, 

60 shares C. & M. R.R., .... 

25 " Page Belting Co., Concord, N. H., 

25 " Prescott Piano Co., Concord, N. H., 

1 share Amoskeag Mfg. Co., . 

2 shares Nashua Mfg. Co., 
30 ' 
50 
10 ' 

7 ' 
12 ' 



Pullman Palace Car Co., . 
Concord Real Estate Co., . 
Nat'l B'k of Lebanon, N. H., 
Amory Mfg. Co., 
Metropolitan West Side R.R., 



and Bonds. 

Par Value. 

840,000 00 
26,000 00 
25,000 00 
5,850 00 
3,250 00 
5,000 00 
3,285 00 
3,000 00 
1,400 00 
2,500 00 
2,000 00 
1,000 00 
500 00 
1,000 00 
800 00 
1,000 00 
5,000 00 
6,000 00 
1,250 00 
2,500 00 
1,000 00 
1,000 00 
3,000 00 
5,000 00 
1,000 00 
700 00 
1,200 00 



Market Value. 

$43,200 00 

28,080 00 

28,000 00 

4,680 00 

2,600 00 

5,000 00 

2,628 00 

3,000 00 

395 00 

2,500 00 

2,000 00 

980 00 

500 00 

500 00 

800 00 

1,000 00 

4,400 00 

12,000 00 

1,250 00 

2,500 00 

1,725 00 

1,540 00 

6,000 00 

5,000 00 

1,250 00 

966 00 

898 00 



$149,235 00 $163,392 00 



THE CAPITAL FTKE INSURANCE CO. 



155 



Summary of Assets Dec. 81, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 

Gross assets, 



$102,875 40 

89,619 80 

1,482 85 

163,392 00 

3,023 20 

21,977 05 

911 23 

42,407 85 

507 33 

125 89 



$426,322 60 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Due for borrowed money, 
Commissions and brokerage, . 
Return premiums, 
Reinsurance, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 



§13,534 62 
9,472 62 

$23,007 24 
4,423 84 

§18,583 40 

146,638 46 

12,307 29 

5,000 00 

7,141 97 

6,407 49 

1,014 71 

94 54 



197,187 86 

§229,134 74 
200,000 00 

§29,134 74 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $45,851 16 
Premiums on risks written or renewed, . . 340,293 15 

Total $386,144 31 

Premiums now in course of collection, . . 42,407 85 

Entire premiums collected, .... §343,736 46 
Less reinsurance and return premiums, . . 124,813 64 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



§218,922 82 
5,336 95 
7,256 98 



* Value of property mortgaged $186,725 00 

Amount of insurance held as collateral, . . . 83,200 00 



156 



CITIZENS INSURANCE CO. 



Income from rents, . 
Income from all other sources, 
Borrowed money, 



$5,666 82 
47 54 



$5,000 00 



Gross cash income, $237,231 11 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, 



$227,493 75 
71,260 68 



Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



.$30,331,763 00 
. 29,179,147 00 



Total, $59,510,910 00 

Deduct risks expired and terminated, . . 26,554,494 00 



In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



.$32,956,416 00 
. 5,536,126 00 



$156,233 07 

8,000 00 

51,727 38 

11,631 22 

6,836 72 

700 12 

11,149 01 

$246,277 52 

Premiums. 

$373,474 76 
340,293 15 

$713,767 91 
339,054 74 

$374,713 17 
94,707 66 



$27,420,290 00 $280,005 51 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (4 per cent.), . 
Company's stock owned by directors, .... 



$2,874,335 00 

1,212,757 00 

158,990 00 

101,614 00 

8,000 00 

36,200 00 



"CITIZENS' INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated April, 1836. Commenced business April, 1837. J 

Paid-up Capital, $300,000. 

EDWARD A. WALTON, President. FRANK If. PARKER, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

$150,000 00 $172,500 00 

10,000 00 33,500 00 

30,000 00 44,400 00 

5,000 00 11,750 00 

20,000 00 39,000 00 



United States bonds, 
National Bank of Commerce stock, 
National Citizens' Bank stock,. 
National Bank of Republic stock, 
Consolidated Gas Co. stock, 



citizens' INSURANCE CO. 



157 



Union Trust Co. stock, .... 
N. Y., Chic. & St. Louis R.R. bonds, 

Securities held as collateral for cash loans 

Trust Co. of America stock, 

National Citizens Bank stock, . 

Gas & Electric Co. of Bergen Co. stock, . 



Summary of Assets Dec. 

Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *) , 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 

Gross assets, 



Par Value. 

$10,000 00 
10,000 00 

$235,000 00 

Market Value. 

$10,500 00' 
1,480 00 
7,300 00 



Market Value. 

$139,000 00 
10,800 00 

$450,950 00 

Loaned Thereon. 

$15,000 00 



$19,280 00 $15,000 00 

31, 1900. 

$90,000 00 

20,300 00 

371 50 

450,950 00 

15,000 00 

2,314 69 

33,909 34 

2,833 33 

175,062 26 

2,680 00 

5,062 14 

$798,483 26 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Dividends to stockholders, unpaid, . 
Due and accrued for rent, salaries, etc , 
Commissions and brokerage, . 
Return premiums, .... 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 



$15,504 89 

27,733 11 

3,108 50 

$46,346 50 
14,196 50 

$32,150 00 

331,084 50 

416 20 

700 00 

28,362 50 

679 32 

1,980 56 

5,947 75 



401,320 83 

$397,162 43 
300,000 00 

$97,162 43 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$25,000 00 
28,000 00 
22,200 00 



158 



CITIZENS INSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks- written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, ..... 

Income from all other sources, 

Gross cash income, .... 



Expenditures. 
Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Interest paid scrip holders, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 

Gross cash expenditures, . 

Risks and Premiums. 



$154,952 67 
2,60-4 72 

$152,347 95 
899,380 23 

$1,051,728 18 
175,062 26 

$876,665 92 
193,234 56 



sources, 



$568,627 53 
109,934 42 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, 



. $86,588,321 
. 107,348,282 



$683,431 36 
1,164 00 

16,373 04 
5,311 66 

11,303 55 

$717,583 61 



$458,693 11 

23,989 30 

644 70 

162,088 67 

66,748 08 

9,197 18 

35,771 60 

$757,132 64 



Premiums. 

00 $637,259 07 
00 899,380 23 



$193,936,603 
. 109,886,713 



00 $1,536,639 30 
00 844,821 30 



. $84,049,890 
. 8,738,342 



00 
00 



$691,818 00 
69,893 62 



. $75,311,548 00 $621,924 38 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$17,679,420 00 

9,629,520 00 

452,700 00 

2,092,944 00 

24,000 00 

123,060 00 



citizens' insurance co. 159 



"CITIZENS' INSURANCE COMPANY OF MISSOURI," 
ST. LOUIS, MO. 

[Incorporated February, 1837. Commenced business 1837.] 

Paid-up Capital, $200,000. 
SOL. E. WAGGONER, President. JOHN H. CARR, Secretary. 

Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $16,877 00 

Loans on mortgage of real estate (first liens *), 210,277 35 

Interest accrued thereon, 3,728 00 

Cash in the office of the company, ... 40 03 

Cash deposited in bank, 38,833 61 

Premiums in course of collection (gross), . 88,382 88 

Reinsurance due on losses paid, . . . 96,195 25 
Prem's more than three mos. due, $3,173 92 

Gross assets, $454,334 12 

Liabilities. 

Losses adjusted, unpaid, $435 00 

claimed and reported, .... 16,913 56 

disputed or resisted, .... 1,242 50 



Total amount of losses, $18,591 06 

Less reinsurance, 3,765 36 



Net amount of unpaid losses, .... $14,825 70 

Unearned premiums on outstanding risks, . 88,382 88 

Due and accrued for rent, salaries, etc., . . 134 22 

Commissions and brokerage, .... 19,819 59 

Reinsurance disallowed, 379 67 

Gross liabilities, except capital, . . 123,542 06 



Surplus as regards policy holders, $330,792 06 

Paid-up capital, 200,000 00 



Surplus over capital, $130,792 06 

Income. 
Fire premiums outstanding Dec. 31, 1899, 



Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 



$83,839 56 
664,504 64 

$748,344 20 
93,181 25 

$655,162 95 
517,737 03 



$137,425 92 



* Value of lands mortgaged $332,220 00 

Value of buildings thereon 221,480 00 

Amount of insurance held as collateral 176,550 00 



160 



citizens' INSURANCE CO. 



Marine premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



$78 59 
1,172 45 



$1,251 04 
81 62 


$1,169 42 
820 70 



$348 72 

14,471 82 

399 00 



Gross cash income, $152,645 46 



Expenditures 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 

Risks and Pb 

Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks written during 1900, . 
Deduct risks expired and terminated, 



. $379,500 94 
283,253 38 


$96,247 56 

5 43 

32,267 30 

13,060 58 

6,721 61 

12,473 56 


$18 11 
12 68 


>es, . 


IMS. 

. $7,995,561 00 
. 58,805,098 00 


$160,776 04 

Premiums. 

$91,560 23 
664,504 64 



.$66,800,659 00 

. 20,195,113 00 

. $46,605,546 00 

. 33,490,389 00 



$756,064 87 
206,001 49 

$550,063 38 
395,340 38 



.$13,115,157 00 $154,723 00 



$233,588 00 
233,588 00 



$1,172 45 
1,172 45 



Miscellaneous. 

Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Company's stock owned by directors, . 



$3,920,106 00 

97,739 00 

31 00 

985,798 00 

200,000 00 






THE COLONIAL ASSURANCE CO. 



161 



"THE COLONIAL ASSURANCE COMPANY OF THE CITY OF 
NEW YORK," NEW YORK, N. Y. 

[Incorporated June 16, 1896. Commenced business July 15, 1896.] 

Paid-up Capital, $200,000. 

LEO H. WISE, President. E. E. HALL, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $100,000 00 0137,000 00 

New York city bonds, 200,000 00 195,250 00 

New York State bonds, 100,000 00 101,500 00 

Brooklyn city bonds, 25,000 00 27,000 00 



$425,000 00 $460,750 00 



Summary of Assets Dec 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



$460,750 00 

957 68 

4,298 05 

1,291 67 

86,428 50 



$553,725 90 
13,700 00 

$540,025 90 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Return premiums, .... 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 



$12,369 23 
58,122 42 

$70,491 65 
2,538 60 

$67,953 05 

179,152 94 

22,452 73 

11,536 53 

2,374 33 

978 66 

$284,448 24 
2,500 00 



281,948 24 

$258,077 66 
200,000 00 

$58,077 66 



162 



THE COLONIAL ASSURANCE CO. 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest and dividends received from all sources, 



$121,367 55 
289,840 81 

$411,208 36 
73,616 17 

$337,592 19 
150,924 66 

$22,110 15 
71,382 12 

$93,492 27 
12,812 33 

880,679 94 
16,724 37 



$186,667 53 



63,955 57 
18,725 90 



Gross cash income, $269,349 00 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$387,361 95 
52,958 99 

|40,485 93 

15,090 09 



8334,402 96 



25,395 84 

105,516 15 

3,940 00 

9,160 06 

7,417 84 

$485,832 85 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

.856,720,088 00 $511,531 95 
. 28,813,575 00 289,840 81 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$85,533,663 00 8801,372 76 
. 61,757,063 00 559,772 59 



.$23,776,600 00 $241,600 17 
. 1,319,298 00 10,555 65 



.$22,457,302 00 8231,044 52 






COMMERCE INSURANCE CO. 



163 



Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, , 



$2,107,382 00 
2,732,367 00 

$4,839,749 00 
2,988,671 00 

$1,851,078 00 
4,500 00 



Premiums. 

,179 49 
71,382 12 

$136,561 61 
72,579 47 

$63,982 14 
150 00 



$1,846,578 00 $63,832 14 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



,193,793 00 

981,590 00 

302,611 00 

37,631 00 

20,000 00 

91,350 00 



"COMMERCE INSURANCE COMPANY," ALBANY, N. Y. 

[Incorporated June 1, 1859. Commenced business June 1, 1859.] 

Paid-up Capital, $200,000. 

GARRET A. VAN ALLEN, President. E. DARWIN JENISON, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, $175,000 00 

Thomson Pulp & Paper Co. bonds, . . . 10,000 00 

150 shares First Nat'l Bank, Albany, N. Y., . 15,000 00 

50 shares National Bank, Cohoes, N. Y., . 5,000 00 



Market Value. 

$217,500 00 

10,000 00 

19,500 00 

7,500 00 



$205,000 00 $254,500 00 



Securities held as collateral for cash loans : — 

10 shares First Nat'l B'k, Albany, N. Y„ . 
35 shares National Bank of Cohoes, N. Y., 
Albany Hotel Corporation bonds, . 



Market Value. 

$1,300 00 
5,250 00 
9,500 00 



Loaned Thereon. 

$1,000 00 

400 00 

5,500 00 



f 16,050 00 $6,900 00 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $79,000 00 
Loans on mortgage of real estate (first liens *), 39,400 00 

* Value of lands mortgaged, $36,550 00 

Value of buildings thereon, 54,650 00 

Amount of insurance heJd as collateral 46,000 00 



164 



COMMERCE INSURANCE CO. 



Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$254,500 00 

6,900 00 

1,054 94 

13,098 97 

14,651 94 

1,112 83 



$409,718 68 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$1,350 00 
5,900 00 
2,750 00 

$10,000 00 
300 00 

$9,700 00 

87,396 31 

142 06 

2,873 05 

1,233 37 

4,300 52 



105,645 31 

$304,073 37 
200,000 00 

$104,073 37 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 

Income from rents, 

Premium on sale of bonds, 



$10,074 00 
144,527 21 

$154,601 21 
14,651 94 

$139,949 27 
15,170 45 



Gross cash income, 



$124,778 82 
1,136 47 
9,333 79 
6,930 77 
7,000 00 

$149,179 85 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 



$75,383 49 
4,034 60 



$71,348 89 
16,000 00 



THE COMMERCIAL UNION FIRE INSURANCE CO. 



165 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for repairs on real estate, 

for incidentals, 



Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $17,068,448 00 
. 13,705,565 00 



. $30,774,013 00 

. 13,020,260 00 

. $17,753,753 00 

960,761 00 



$28,133 71 

12,469 46 

5,354 28 

886 25 

11,501 52 

$145,694 11 



Premiums. 

$166,618 33 
144,527 21 

$311,145 54 
126,719 59 

$184,425 95 
9,017 57 



.$16,792,992 00 $175,408 38 



Miscellaneous. 

Premiums received from organization of company, . . $5,811,605 00 

Losses paid from organization of company, .... 3,712,940 00 

Fire losses incurred during the year, 67,850 00 

Cash dividends declared from organization of company, . 920,000 00 

Dividends declared during the year (8 per cent.), . . . 16,000 00 

Company's stock owned by directors, 65,100 00 



"THE COMMERCIAL UNION FIRE INSURANCE COMPANY OF 

NEW YORK," N. Y. 

[Incorporated Oct. 30, 1890. Commenced business April 1, 1891.] 

Paid-up Capital, $200,000. 

A. H. WRAY, President. C. J. HOLMAN, Secretary. 



Detailed Statement op Stocks and Bonds. 

Par Value. 

United States bonds, $20,000 00 

New York city armory bonds, .... 200,000 00 

New York city water loan, .... 13,000 00 

Atchison, Topeka & Santa Fe R.R. bonds, . 10,000 00 

Southern R'y bonds, 8,000 00 

Chicago, Mil. & St. Paul R.R. stock, . . 10,000 00 



Market Value. 

$27,600 00 

200,000 00 

13,780 00 

10,287 50 

9,160 00 

18,725 00 



$261,000 00 $279,552 50 



Summary of Assets Dec. 31, 1900. 
Stocks and bonds, as per schedule, . . . $279,552 50 
Cash in the office of the company, . , , 373 56 



166 



THE COMMERCIAL UNION FIRE INSURANCE CO. 



Cash deposited in bank, $17,132 18 

Interest due and accrued, 1,722 08 

Premiums in course of collection (gross), . 44,637 85 
Prem's more than three mos. due, $1,331 50 

Gross assets, 



$343,418 17 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Return premiums and reinsurance, 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$21,058 00 

10,700 00 

5,200 00 

$36,958 00 
14,675 00 

$22,283 00 

80,648 81 

5,427 33 

11,827 26 

77 22 



120,263 62 

$223,154 55 
200,000 00 

$23,154 55 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest and dividends received from all sources, 



$32,584 98 
263,390 80 

$295,975 78 
45,969 35 

$250,006 43 
134,719 82 



$115,286 61 
8,122 29 



Gross cash income, $123,408 90 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, , 
for incidentals, ..... 

Gross cash expenditures, 



$149,683 49 
62,538 48 



$87,145 01 

10,000 00 

23,753 87 

3,786 58 

5,170 04 

3,074 59 

$132,930 09 



THE COMMONWEALTH INSURANCE CO. 



167 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



. $25,411,141 00 
. 27,350,365 00 



Total, $52,761,506 00 

Deduct risks expired and terminated, . . 26,514,569 00 



In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$26,246,937 00 
. 10,643,218 00 



Premiums. 

$242,839 82 
263,390 80 

$506,230 62 
250,386 08 

$255,844 54 
95,391 93 



. $15,603,719 00 $160,452 61 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, 

Cash dividends declared from organization of company 

Dividends declared during the year (5 per cent.), . 

Company's stock owned by directors, 



$535,842 00 

314,702 00 

90,524 00 

49,000 00 

10,000 00 

7,500 00 



"THE COMMONWEALTH INSURANCE COMPANY OF 
NEW YORK," N. Y. 

[Incorporated Aug. 23, 1886. Commenced business Sept. 15, 1886.] 

Paid-up Capital, $500,000. 

CHARLES S. BARTOW, President. E. J. PERRIX, Secretary pro tern. 



Detailed Statement of Stocks 



United States bonds, . 

New York city bonds, . 
Missouri, Kan. & Texas R'y bonds, . 
Atch., Topeka & Santa Fe R.R. bonds, 

200 shares American Tel. & Cable Co., 

175 ■ 

TOO ' 
1,000 ' 

100 ' 

100 ' 

100 ' 

100 ■ 

200 ' 

300 ' 

600 ' 

100 



American Surety Co., . 
American Sugar Refining Co., 
Brooklyn City R.R. Co., 
Amer. Agri. Chemical Co., . 
Chic, Burl. & Quincy R.R., . 
Chic, Rock Isl. & Pacific R.R., 
Chic, St. P'l, Minn. & O'ha R'y, 
Canada Southern R'y Co., 
Chic, Mil. & St. Paul R'y, . 
Chicago & Northwestern R'y, 
Consolidated Gas Co. of N. Y., 



and Bonds. 

Par Value. 

$45,000 00 
155,000 00 
10,000 00 
10,000 00 
20,000 00 
8,750 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
20,000 00 
30,000 00 
60,000 00 
10,000 00 



Market Value. 

$47,784 38 

158,125 00 

9,850 00 

8,662 50 

18,025 00 

15,312 50 

10,115 00 

18,725 00 

7,800 00 

12,325 00 

10,387 50 

10,162 50 

10,687 50 

38,662 50 

89,962 50 

18,250 00 



168 



THE COMMONWEALTH INSURANCE CO. 



200 shares 


200 


H 


100 


II 


50 


II 


200 


li 


70 


U 


400 


(C 


100 


(1 


200 


(I 


100 


II 


100 


II 


13 


II 


25 


II 


50 


11 


17 


II 


50 


II 


50 


II 


25 


u 


50 


it 


50 


II 



Del., Lack. & Western R'y, . 
Delaware & Hudson Canal Co., 
Illinois Central R.R. Co., 
Kan. City, St. Louis & Ch. R.R., 
Pullman Palace Car Co., . 
Hocking Valley R'y Co., . 
N. Y., New Haven & Hart. R.R., 
Rome, Watert'n & Ogden. R.R., 
Union Pacific R.R., . 
Western Union Telegraph Co., 
N. Y. Cent. & Hudson River R.R., 
Bank of America, N. Y., . 
Central Nat'l Bank, N. Y., . 
German-American Bank, N. Y., 
Manhattan Company, 
Nat'l Park Bank of N. Y., 
Merchants' Nat'l Bank, N. Y., 
Nat'l B'k of Commerce, N. Y., 
N. Y. Produce Exchange Bank, 
Corn Exchange Bank, 



Par Value. 

$10,000 00 

20,000 00 

10,000 00 

5,000 00 

20,000 00 

7,000 00 

40,000 00 

10,000 00 

20,000 00 

10,000 00 

10,000 00 

1,300 00 

2,500 00 

3,750 00 

850 00 

5,000 00 

2,500 00 

2,500 00 

5,000 00 

5,000 00 



Market Value. 

$15,387 50 

24,211 00 

9,087 50 

6,818 75 

30,604 17 

5,110 00 

80,830 48 

11,087 50 

16,625 00 

8,465 80 

10,137 50 

3,401 25 

3,632 50 

4,537 50 

1,672 32 

21,731 87 

3,625 00 

4,500 00 

5,550 00 

14,000 00 



$619,150 00 $765,852 52 



Summary of Assets Dec. 31, 1900. 



Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Premiums in course of collection (gross) 
Gross assets 



$113,000 00 

1,160 83 

765,852 52 

1,020 27 

33,105 31 

33,008 69 



$947,147 62 



Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Return premiums, reinsurance, etc., 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$17,320 77 
130,599 20 
1,925 00 
4,190 48 
3,643 08 
1,834 02 



159,512 55 

$787,635 07 
500,000 00 



Surplus over capital, $287,635 07 



* Value of lands mortgaged, . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$86,000 00 

98,000 00 

103,000 00 



THE COMMONWEALTH INSUKANCE CO. 



169 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $28,815 34 
Premiums on risks written or renewed, . . 280,297 48 

Total . $309,112 82 

Premiums now in course of collection, . . 33,008 69 

Entire premiums collected, .... $276,104 13 
Less reinsurance and return premiums, . . 47,970 60 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 



8228,133 53 

4,860 75 

32,482 33 



Gross cash income, $265,476 61 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, .... 



$170,744 36 
13,548 88 



$157,195 48 
30,000 00 
32,640 25 
26,245 00 
8,543 35 
10,590 25 

. $265,214 33 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

. $23,393,314 00 $193,337 12 
. 35,015,690 00 280,297 48 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $58,409,004 00 $473,634 60 
. 29,802,619 00 222,764 79 



. $28,606,385 00 $250,869 81 
785,720 00 4,399 52 



.$27,820,665 00 $246,470 29 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, , 



;2,717,665 00 

1,561,406 00 

139,765 00 

291,000 00 

30,000 00 

190,100 00 



170 



THE CONCORDIA FIRE INSURANCE CO. 



"THE CONCORDIA FIRE INSURANCE COMPANY OF 
MILWAUKEE," MILWAUKEE, WIS. 

[Incorporated March 7, 1870. Commenced business March 20, 1870.] 

Paid-up Capital, $200,000. 

GEO. BRUMDER, President. FRANK DAMKOEHLER, Secretary. 



Detailed Statement of Stocks 



Chicago, 111., sewerage bonds, 
Cincinnati sinking fund bonds, 
Washington Co., 111., bonds, 
Lincoln, Neb., school bonds, 
State of Montana bonds, . 
Fond du Lac, Wis., bonds, 
Sparta, Wis., bonds, . 
Dubuque, Iowa, improvement bonds 
Whiting, Ind., water works bonds, 
Kansas City, Mo., funding bonds, 
Lawrence County, 111., bonds, . 
Spokane, Wash., water works bonds, 
New York city bonds, 



and Bonds. 

Par Value. 

$25,000 00 
40,000 00 
15,000 00 
25,000 00 
40,000 00 
30,000 00 
3,000 00 
15,000 00 
10,000 00 
11,900 00 
12,500 00 
20,000 00 
25,000 00 



Market Value. 

£25,407 50 
43,112 00 
15,527 00 
26,215 00 
41,596 00 
30,408 00 
3,000 00 
15,103 50 
10,957 00 
13,342 28 
13,436 25 
22,534 00 
27,350 00 



$272,400 00 £287,988 53 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 



£17,000 00 

459,730 00 

8,533 31 

287,988 53 

166 34 

54,062 37 

5,294 58 

124,086 34 



'956,861 47 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed and resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 



117,515 34 

23,677 60 

9,415 00 

£50,607 94 
18,412 43 

$32,195 51 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$6S4,100 00 
659,300 00 
360,050 00 



THE CONCORDIA FIRE INSURANCE CO. 



171 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, , 

Surplus over capital, . 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Gross cash income, . 



$536,325 

28,369 

305 



21 
43 

84 



$128,055 
6,243 



51 
41 



£121,812 

940,577 



10 
15 



$1,062,389 
124,086 



25 
34 



$938,302 
277,748 



91 
75 



sources, . 



$597,195 99 

$359,665 48 
200,000 00 

$159,665 48 



$660,554 16 

21,910 83 

13,820 00 

1,132 83 

$697,417 82 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for repairs on real estate, 

for incidentals, .... 

Gross cash expenditures, . 

Risks and Premiums. 



$455,649 
91,478 



11 

69 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $95,256,234 
. 86,075,501 



$364,170 42 
20,000 00 
174,514 92 
34,283 50 
18,976 98 
323 98 
60,487 61 

$672,757 41 



Premiums. 

00 $1,036,212 54 
00 940,577 15 



$181,331,735 
. 66,016,524 



00 $1,976,789 69 
00 731,929 97 



$115,315,211 
. 17,802,702 



00 $1,244,859 72 
00 205,586 56 



.$97,512,509 00 $1,039,273 16 



172 



CONNECTICUT FIRE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$7,289,991 00 

3,764,129 00 

350,800 00 

307,667 00 

20,000 00 

105,100 00 



"CONNECTICUT FIRE INSURANCE COMPANY," HARTFORD, 

CONN. 

[Incorporated June, 1850. Commenced business July, 1850.] 

Paid-up Capital, $1,000,000. 

J. D. BROWNE, President. CHARLES R. BURT, Secretary. 

Detailed Statement of Stocks asd Bonds. 

Par Value. Market Value. 

Dominion of Canada bonds, .... $100,000 00 $101,000 00 

State of Georgia bonds, 25,000 00 28,750 00 

Territory of Arizona bonds, .... 75,000 00 81,000 00 

City of Astoria, Ore., bonds, .... 17,000 00 18,500 00 

City of Dallas, Tex., bonds, .... 12,000 00 12,960 00 

City of Fargo, N. D., bonds, .... 15,000 00 16,170 00 

City of Helena, Mont., bonds, . . . . 20,000 00 21,400 00 

City of Middletown, Conn., bonds, . . . 10,000 00 10,000 00 

City of Pawtucket, R. I., bonds, . . . 30,000 00 31,500 00 

City of Portland, Ore., bonds, .... 25,000 00 28,750 00 

City of Richmond, Va., bonds, .... 50,000 00 50,000 00 

City of Salem, Ore., bonds, .... 11,000 00 11,880 00 

City of Salt Lake, U., bonds, .... 40,000 00 44,000 00 

City of Seattle, Wash., bonds, .... 25,000 00 26,250 00 

City of Urbana, O., bonds, .... 15,000 00 15,000 00 

Hennepin Co. & Minnea'lis city, Minn., bonds, 25,000 00 27,500 00 

Wayne County, Mich., bonds, .... 25,000 00 26,250 00 

Mankato School District, Minn., bonds, . . 15,000 00 15,000 00 

School Dist. No. 24, Marion Co., Ore., bonds, . 13,000 00 14,040 00 

South School Dist., Hart., Conn., bonds, . . 25,000 00 25,000 00 

Black Rocks & Salis. B'ch St. R.R. Co. bonds, 10,000 00 10,000 00 

Broadway & Seventh Ave. R.R. Co. bonds, . 20,000 00 20,800 00 

O, B. & Q. R.R. Co. bonds, .... 17,000 00 17,470 00 

Chic, St. Louis & New Orl. R.R. Co. bonds, . 25,000 00 25,000 00 

Chicago & Northwestern R.R. Co. bonds, . 5,000 00 5.400 00 

Chicago & Western Indiana R.R. Co. bonds, . 24,000 00 28,320 00 

Cincinnati, Dayton & Ironton R.R. Co. bonds, . 15,000 00 16,500 00 

Cincin., Hamilton & Dayton R.R. Co. bonds, . 50,000 00 53,500 00 

Cleve., Cin., Chic. & St. Louis R.R. Co. bonds, 10,000 00 9,300 00 



CONNECTICUT FIRE INSURANCE CO. 



173 



Cleveland Electric Railway Co. bonds, . 

Cleve. & Mahoning Valley R.R. Co. bonds, 

Dayton & Mich. R.R. Co. bonds, 

Detroit, Grand Rapids & W'rn R.R. Co. bonds, 

Fitchburg R.R. Co. bonds, 

Harlem River & Port Chester R.R. Co. bonds 

Illinois Central Railroad Co. bonds, 

Lehigh Valley Railway Co. bonds, . 

Lynn & Boston R'y Co. bonds, . 

Minneapolis & St. Louis R.R. Co. bonds, . 

Norfolk & Western R.R. Co. bonds, 

North Chicago Street R.R. Co. bonds, 

N. Y. Central & Hudson River R.R. Co. bonds 

N. Y., Lack. & Western R.R. Co. bonds, . 

N. Y., N. H. & H. R.R. Co. debenture c'tfs, 

Penn. & N. Y. Canal & R R. Co. bonds, . 

Port Reading R.R. Co. bonds, . 

Southern Pacific R.R. Co. bonds, 

St. Louis & San Francisco R.R. Co. bonds, 

St. Louis Southern R.R. Co. bonds, . 

Toledo & Ohio Central R.R. Co. bonds, . 

Waterbury, Conn., Traction Co. bonds, . 

W. Chicago Street R.R. Co. bonds, . 

West Chicago Street R.R. Tunnel Co. bonds, 

Adams Express Co. bonds, 

Brooklyn Wharf & Warehouse Co. bonds, 

Chicago Edison Co. bonds, 

Hartford Electric Light Co. bonds, . 

Minneapolis Gas Light Co. bonds, . 

People's Gas Light & Coke Co., Chic, bonds, 

Northwestern Telegraph Co. bonds, 

Western Union Telegraph Co. bonds, 

Central Safety Deposit Co., Chic, bonds, 

Traders' Safe & Trust Co., Chic, bonds, . 

150 shares Bald Eagle Val. R R. Co., 

394 " Chic , Burl. & Q. R.R. Co., . 

150 " Chic. & Nortw'n R.R. Co., 

242 " Chic, Rock I. & Pac R.R. Co., 

172 " N. Y Cent. & Hud. R. R.R. Co., 

300 " Pitts., Ft. Wayne & Chic R.R. Co., 

200 " Empire & B. S. Telegraph Co., 

600 " Northwestern Telegraph Co., 

167 " First National Bank, Minn., . 

100 " Imp. & Traders' Nat'l B'k, N. Y., 

11 " Second Nat'l Bank, New Haven, 
100 " iEtna National B'k, Hart., Conn., 

93 " Charter Oak N'l B'k, Hart., Conn., 
125 " Far. & Mech. N'l B'k, Hart., Conn., 



Par Value. 

$20,000 00 
10,000 00 
25,000 00 
3,500 00 
50,000 00 
40,000 00 
25,000 00 
25,000 00 
10,000 00 
50,000 00 
25,000 00 
10,000 00 
25,000 00 
40,000 00 
86,500 00 
25,000 00 
10,000 00 
40,000 00 
25,000 00 
15,000 00 
15,000 00 

' 10,000 00 
10,000 00 
10,000 00 
25,000 00 
75,000 00 
25,000 00 
10,000 00 
25,000 00 
25,000 00 
15,000 00 
25,000 00 
15,000 00 
10,000 00 
7,500 00 
39,400 00 
15,000 00 
24,200 00 
17,200 00 
30,000 00 
20,000 00 
30,000 00 
16,700 00 
10,000 00 
1,100 00 
10,000 00 
9,300 00 
12,500 00 



Market Value. 

|20,600 00 
12,500 00 
27,500 00' 
3,325 00 
55,000 00 
44,000 00 
25,000 00 
27,000 00 
11,000 00 
48,000 00 
23,750 00 
10,500 00 
27,000 00 
42,000 00 

146,080 00 
27,000 00 
10,500 00 
42,000 00 
25,000 00 
15,750 00 
16,200 00 
10,200 00 
10,500 00 
10,100 00 
26,000 00 
52,500 00 
27,000 00 
10,200 00 
25,750 00 
26,250 00 
16,200 00 
26,500 00 
15,000 00 
10,000 00 
14,625 00 
55,160 00 
24,750 00 
28,556 00 
24,080 00 
55,500 00 
15,600 00 
36,000 00 
18,370 00 
51,000 00 
1,925 00 
18,000 00 
8,370 00 
15,000 00 



174 



CONNECTICUT FIRE INSURANCE CO. 



185 shares First Nat'l Bank, Hart., Conn., 
300 " Hartford Nat'l B'k, Hart., Conn., . 
412 " Nat'l Exch. Bank, Hart., Conn., . 
150 " Phoenix Nat'l B'k, Hart., Conn., . 
45 " Conn. Tr. & S. D. Co., IJart., Conn., 



Par Value. 

318,500 00 

30,000 00 

20,000 00 

15,000 00 

4,500 00 



Market Value. 

822,200 00 

40,500 00 

25,956 00 

18,000 00 

8,325 00 



$1,935,500 00 $2,199,062 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 

Gross assets, 

Deduct special deposits in other States, . 



$211,200 00 

1,173,650 00 

2,199,062 00 

443 04 

278,135 72 

323,059 40 



$4,185,550 16 
168,490 00 



Balance, $4,017,060 16 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



$59,391 49 

127,987 63 

18,046 13 

$205,425 25 
16,168 05 

$189,257 20 
1,798,363 50 
10,134 54 
91,351 90 
18,272 64 
14,951 30 
28,406 35 

82,150,737 43 
76,784 00 



2,073,953 43 



Surplus as regards policy holders, $1,943,106 73 

Paid-up capital, 1,000,000 00 

Surplus over capital, $943,106 73 

* Value of lands mortgaged. $1,733,225 00 

Value of buildings thereon 1,731.3-25 00 

Amount of insurance held as collateral, . . . 1,213, 7-0 00 



CONNECTICUT FIRE INSURANCE CO. 



175 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from all other sources, 



$258,418 64 
2,399,742 80 

$2,658,161 44 
323,059 40 

$2,335,102 04 
279,463 50 



>,055,638 54 

53,410 55 

96,768 14 

3,882 35 



Gross cash income, $2,209,729 58 



Expenditures. 

Cash paid for fire losses, $1,209,572 96 

Deduct salvage and reinsurance, . . . 57,531 12 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, .... 

for salaries of officers and employees, . 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, . 



$1,152,041 84 
100,000 00 
386,553 75 
169,084 07 
73,733 60 
157,040 62 

. $2,038,453 88 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$276,696,254 00 $3,226,884 41 
206,600,395 00 2,399,742 80 



Total, . . . ■ . 
Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$483,296,649 00 $5,626,627 21 
171,896,612 00 2,022,715 87 



$311,400,037 00 $3,603,911 34 
14,547,330 00 183,795 79 



$296,852,707 00 $3,420,115 55 



Miscellaneous. 
Premiums received from reorganization of company, 
Losses paid from reorganization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from reorganization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$29,134,045 00 

16,483,904 00 

1,142,198 00 

3,505,000 00 

100,000 00 

28,9.00 00 



176 



CONTINENTAL INSURANCE CO. 



" CONTINENTAL INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated November, 1852. Commenced business January, 1853.] 

Paid-up Capital, $1,000,000. 

F. C. MOORE, President. EDWARD LANNING, Secretary. 



Detailed Statement of Stocks 



United States bonds, .... 

New York City bonds, .... 
Chicago, Milwaukee & St. Paul bonds, . 
Chicago & Northwestern sinking fund bonds 
Chic, St. Paul, Minn. & Omaha R'y bonds, 
Chicago & Alton Railway Co. bonds, 
Columbia & Greenville R.R. bonds, . 
Elmira, Cortland & Northern R.R. bonds, 
Erie Railway Co. bonds, .... 
Georgia State bonds, .... 

Indiana, Bloomington & Western R.R. bonds, 
Kentucky Central Railway Co. bonds, 
Louisville & Nashville R.R. bonds, . 
Metropolitan Street Railway Co. bonds, , 
Midland R.R. Co. of New Jersey bonds, . 

New Mexico bonds, 

N. Y. Gas & Elec. L., H. & P. Co. bonds, 
N. Y., New Haven & Hart. R.R. bonds, . 
Panama Railroad Co. bonds, . 
Portland, Ore., water bonds, 
Richmond & Danville R.R. Co. bonds, 
Richmond, Va., bonds, .... 
Western Union Telegraph Co. bonds, 

250 shares American Exchange Nat'l Bank 

50 

1,200 

250 

350 

100 

200 

100 

1,000 

17,916 

1,000 

2,000 

2,500 ' 

1,000 

155 ' 
1,000. ' 



Bank of America, 
Mechanics 1 National Bank,. 
Mercantile National Bank, . 
Merchants' National Bank, 
Nassau Bank, 
Central Trust Co., 
Albany & Sus. R.R. Co., . 
Atlanta & Charlotte Air L'e R.R. 
Brooklyn City R.R. Co., . 
Chic. & Eastern 111. R.R. Co., 
Chic, Mil. & St. Paul R'y, . 
Chicago & Northwestern R'y, 
Chic, St. P., M. & Oma. R'y Co. 
Chicago & Alton Railway Co., 
CI., C, Ch. & St. L. R'y Co., 



and Bonds. 

Par Value. 

$550,000 00 

375,000 00 

50,000 00 

41,000 00 

100,000 00 

35,000 00 

50,000 00 

50,000 00 

100,000 00 

25,000 00 

135,000 00 

50,000 00 

50,000 00 

100,000 00 

50,000 00 

10,000 00 

100,000 00 

20,000 00 

90,000 00 

50,000 00 

50,000 00 

50,000 00 

150,000 00 

25,000 00 

5,000 00 

30,000 00 

25,000 00 

17,500 00 

5,000 00 

20,000 00 

10,000 00 

100,000 00 

179,160 00 

100,000 00 

200,000 00 

250,000 00 

100,000 00 

15,500 00 

100,000 00 



Market Value. 

$605,000 00 

375,000 00 

50,000 00 

43,050 00 

110,000 00 

27,000 00 

50,000 00 

50,000 00 

120,000 00 

25,000 00 

135,000 00 

42,500 00 

50,000 00 

100,000 00 

50,000 00 

10,000 00 

90,000 00 

30,000 00 

90,000 00 

50,000 00 

50,000 00 

50,000 00 

150,000 00 

43,750 00 

20,000 00 

52,500 00 

43,750 00 

26,250 00 

7,500 00 

200,000 00 

17,500 00 

120,000 00 

403,110 00 

110,000 00 

320,000 00 

475,000 00 

160,000 00 

10,075 00 

100,000 00 



CONTINENTAL INSURANCE CO. 



177 



200 shares Delaware & Hudson Canal Co., 

2,500 " Great Northern Railway Co., 

1,900 " Lake Shore & M. South. R'y Co., 

200 " Mahoning Coal R.R. Co., 

500 " N. Y., Chic. & St. L. R.R. Co., 

4,408 " N. Y. & Harlem R.R. Co., . 

1,000 " N. Y , N. Hav. & Hart. R.R. Co. 

2,500 " Northern Pacific Railway Co., 

5,000 " Pennsylvania R.R. Co., 

5,000 " Pitts., McKees. & Youg. R.R. Co. 

725 " Pitts., Ft. W. & Chic. R'y Co., 

800 " Pitts., Cin., Chic. & St. L. R'y Co. 

1,000 " Rome, Watert'n & Og. R.R. Co. 

500 " Second Avenue R.R. Co., 

2,000 " United N. J. R.R. & Canal Co., 



Summary of Assets Dec 

Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens f) 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Cash in the oflice of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Notes taken for fire risks, 

Rents due and accrued, .... 

Prem's more than three mos. due, $344,692 23 

Gross assets,:}: 

Deduct special deposits in other States, . 



Par Value. 

$20,000 00 

250,000 00 

190,000 00 

10,000 00 

50,000 00 

220,400 00 

100,000 00 

250,000 00 

250,000 00 

250,000 00 

72,500 00 

80,000 00 

100,000 00 

50,000 00 

200,000 00 



Market Value. 

$20,000 00 
412,500 00 
380,000 00 

18,000 00 

50,000 00 
837,520 00 
200,000 00 
187,500 00 
312,500 00 
300,000 00 
126,875 00 

64,000 00 
120,000 00 

95,000 00 
500,000 00 



Balance, 



$5,556,060 00 $8,085,880 00 

31, 1900.* 

$1,106,250 00 

60,210 00 

819 28 

8,085,880 00 

2,304 01 

636,109 82 

67,421 78 

588,149 88 

89,512 70 

1,614 00 



-$10,638,271 47 
120,000 00 



$10,518,271 47 



Liabilities. 



Losses claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 



$349,335 64 
40,815 00 

$390,150 64 
18,483 89 

$371,666 75 



* The company holds also instalment premium notes to the amount of SI, 492,695. 14, which 
do not enter into or form any part of the assets of the company, as no portion of them is 
earned. Whatever value is attached to them would necessarily be counterbalanced by the 
addition of an amount exactly equal to the insurance liability, the entire sum consisting of 
"unearned premiums." 

t Value of lands mortgaged, 

Value of buildings thereon, 

Amount of insurance held as collateral, . 



$66,150 00 

, 78,500 00 

83,600 00 

X Including $600,000 special reserve fund held under New York laws. 



178 



CONTINENTAL INSURANCE CO. 



Unearned premiums on outstanding risks, 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, . 
Reserved for contingencies, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



1,272,117 52 

28,480 00 

6,089 34 

15,000 00 

130,828 56 

13,550 00 

864 05 

300,000 00 

),138,596 22 
78,984 96 



$5,059,611 26 



. $5,458,660 21 
. 1,000,000 00 



$4,458,660 21 



Income 
Fire premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



other 



8991,814 11 
344,692 23 

$647,121 88 
4,960,236 11 

$5,607,357 99 
677,662 58 

$4,929,695 41 
635,164 43 



sources, 



$4,294,530 98 

3,769 14 

347,118 95 

22,201 29 

$4,667,620 36 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for redemption of scrip, 

Interest paid scrip holders, 

Cash paid for commissions and brokerage, 

for salaries of ofiicers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$2,357,305 
137,005 



30 
99 



$2,220,299 31 
250,000 00 
21 00 
90 
888,650 39 
317,278 20 
131,856 71 
236,816 07 

$4,044,922 58 



THE DELAWARE INSURANCE CO. 



179 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums, 

Premiums. 

$845,888,939 00 $7,815,812 37 
600,640,582 00 4,960,236 11 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$1,446,529,521 00$ 12,776,048 48 
544,069,152 00 4,304,904 68 



$902,460,369 00 $8,471,143 80 
21,351,398 00 233,825 51 



$881,108,971 00 $8,237,318 29 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (25 per cent.), 
Company's stock owned by directors, . 



$80,827,890 00 
44,332,070 00 
2,267,563 00 
6,644,357 00 
250,000 00 
170,200 00 



"THE DELAWARE INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 10, 1835. Commenced business Aug. 6, 1835.] 

Paid-up Capital, $702,875. 

TATTNALL PAULDING, President. HENRY LYLBURN, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Tennessee State bonds, $31,300 00 $29,735 00 

Georgia State bonds, 25,000 00 26,750 00 

Richmond, Va., city bonds, .... 37,000 00 39,590 00 

Newark, N. J., city bonds, .... 75,000 00 78,560 50 

Camden, N. J., city bonds, .... 30,000 00 32,400 00 

Springfield, 111., city bonds, .... 25,000 00 25,750 00 

Allentown Terminal R.R. bonds, . . . 50,000 00 50,000 00 

Lehigh Valley R.R. bonds, .... 125,000 00 129,000 00 

Penn. & N. Y. Canal and R.R. Co. bonds, . 50,000 00 47,500 00 

Delano Land Co. bonds, 30,000 00 30,900 00 

Mortgage Trust Co., Penn., bonds, . . . 15,000 00 12,000 00 

Wilmington & Northern R.R. bonds, . . 25,000 00 26,750 00 

Brooklyn Wharf & Warehouse Co. bonds, . 20,000 00 14,000 00 

St. Louis Merchants' Bridge Term. Co. bonds, 25,000 00 27,750 00 

Philadelphia, Wil. & Bait. R.R. certificates, . 30,000 00 33,000 00 

Pitts., Youngstown & Ashtabula R.R. bonds, . 40,000 00 48,000 00 



180 



THE DELAWARE INSURANCE CO. 



People's Passenger Railway Co. bonds, . 
Pittsburgh, Shenango & Lake Erie R.R. bonds, 
United Traction Co. (Pittsburgh) bonds, 
Lynn & Boston R.R. Co. bonds, 
Allegheny Valley R.R. Co. bonds, . 
Johnson Steel Co. bonds, .... 
Westinghouse Electric & Mfg. Co. bonds, 
Pennsylvania R.R. stock, .... 
Philadelphia Bourse stock, 
Underwriters' Salvage Co. of N. Y. stock, 



Par Value. 

$30,000 00 
25,000 00 
20,000 00 
20,000 00 
50,000 00 
17,000 00 
20,000 00 
27,500 00 
1,375 00 
500 00 



Market Value. 

£32,700 00 
29,000 00 
23,000 00 
22,500 00 
54,500 00 
17,850 00 
21,000 00 
40,700 00 
210 00 
500 00 



$844,675 00 $893,645 50 



Securities held as collateral for cash loans : — 

Chicago Passenger R'y Co. bonds, . 
450 shares Chicago Union Traction Co., . 
200 " Northwestern Elevated R.R. Co., . 



Market Value. Loaned Thereon. 

133,600 00 $25,000 00 
22,050 00 
13,150 00 



25,000 00 



$68,800 00 150,000 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 

Balance, 



$168,333 42 

128,700 00 

1,818 34 

893,645 50 

50,000 00 

469 48 

157,197 66 

161,036 82 

639 23 



$1,561,840 45 
51,340 00 

81,510,500 45 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 



$1,296 52 

73,404 48 

1,875 00 

$76,576 00 
12,909 00 

$63,667 00 



* Value of lands mortgaged, $213,000 00 

Value of buildings thereon 108,000 00 

Amount of insurance held as collateral 96,000 00 



THE DELAWARE LNSURANCE CO. 



181 



Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Dividends to stockholders unpaid, . 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 



Surplus as regards policy holders, 
Paid-up capital, .... 



§526,880 80 

108,924 50 

77 00 

20,000 00 

36,149 96 

9,227 70 

$764,926 96 
4,760 00 



Surplus over capital, . 



$760,166 96 

|750,333 49 
702,875 00 

$47,458 49 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $176,853 01 
Premiums on risks written or renewed, . . 1,084,959 73 

Total, ........ $1,261,812 74 

Premiums now in course of collection, . . 161,036 82 

Entire premiums collected, .... $1,100,775 92 
Less reinsurance and return premiums, . . 408,745 44 

Net cash fire premiums received, . . . 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 

Income from rents, 

Income from premiums on perpetual fire policies, . 
Miscellaneous, .... ... 

Deposits received for perpetual fire risks, . $13,939 18 

Gross cash income, 



$692,030 48 
4,529 16 
46,622 17 
1,147 74 
9,878 98 
1,112 56 



$755,321 09 



Expenditures. 
Cash paid for fire losses, • . . . . $534,848 15 
Deduct salvage and reinsurance, . . . 60,293 63 

Net cash paid for fire losses, .... 

Cash dividends paid, . . . . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 

Deposits returned on perpetual fire risks, . $4,595 81 



$474,554 52 
42,192 50 
146,882 44 
72,702 30 
29,505 84 
63,238 97 



Gross cash expenditures, 



$829,076 57 



182 



THE DETROIT FIRE AND MARINE INSURANCE CO. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Perpetual risks in force (notincl'd above), 



$115,990,258 00 
. 94,592,824 00 

$210,583,082 00 
. 79,401,168 00 

$131,181,914 00 
. 24,345,868 00 

$106,836,046 00 

. $4,255,958 00 



Premiums. 

$1,302,101 72 
1,084,959 73 

$2,387,061 45 
996,247 70 

$1,390,813 75 
366,254 54 

$1,024,559 21 

$121,027 22 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$33,978,543 00 

20,274,564 00 

475,732 00 

2,739,935 00 

42,173 00 

62,575 00 



"THE DETROIT FIRE AND MARINE INSURANCE COMPANY," 

DETROIT, MICH. 

[Incorporated Feb. 1, 1866. Commenced business March 14, 1866.] 

Paid-up Capital, $500,000. 

WILLIAM A. MOORE, President. A. H. McDONELL, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $100,000 00 $105,000 00 

School District, Springwells, Mich., bonds, . 6,000 00 6,000 00 

|106,000 00 $111,000 00 
Securities held as collateral for cash loans : — 

Market Value. Loaned Thereon. 

Mortgage assigned, ^2,000 00 $800 00 

People's Savings Bank stock, .... 2,500 00 2,700 00 

$4,500 00 $3,500 00 
Excess of loan, - 200 00 

$3,300 00 
Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $309,241 61 
Loans on mortgage of real estate (first liens *), 797,846 88 

* Value of lands mortgaged $1,061,443 00 

Value of buildings thereon 953,060 00 

Amount of insurance held as collateral, . . . 605.S33 00 



THE DETROIT FIRE AND MARINE INSURANCE CO. 



183 



Interest due or accrued thereon, . . . $20,886 25 

Stocks and bonds, as per schedule, . . . 111,000 00 

Loans on collateral security, as per schedule, . 3,300 00 

Cash in the office of the company, . . . 6,146 42 

Cash deposited in bank, 61,468 96 

Interest due and accrued, 1,453 30 

Premiums in course of collection (gross), . 42,833 38 
Advances on losses and claims on vessels and 

cargoes, 1,462 03 

Prem's more than three mos. due, $2,839 37 

Gross assets, 



$1,355,638 83 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums, .... 

Reinsurance, 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 



$20,099 96 
2,300 00 

177,065 08 

6,452 13 

3,510 56 

889 70" 



210,317 43 

. $1,145,321 40 
500,000 00 



$645,321 40 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Profit on sale of real estate and securities, 

Gross cash income, .... 



$35,117 95 
251,472 03 

$286,589 98 
44,067 44 

$242,522 54 
48,638 53 

$1,433 39 
75,597 54 

$77,030 93 
4,213 74 

$72,817 19 
11,471 00 



sources, 



$193,884 01 



61,346 19 

59,594 23 

13,999 35 

6,099 84 

3,687 74 

$338,611 36 



184 



THE DETROIT FIRE AND MARINE INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Depreciation of and loss on sale of real estate, 

Gross cash expenditures, .... 



$125,040 83 
18,933 72 

$26,325 97 
2,224 76 



$106,107 11 



24,101 21 
50,000 00 
31,269 27 
22,479 94 
17,712 74 
19,779 10 
24,580 95 

$296,030 32 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 



Total, 

Deduct risks expired aud terminated, 

In force at end of year, . 



.$27,729,671 00 
. 25,537,316 00 



Premiums. 

8274,814 98 
251,472 03 



$53,266,987 00 $526,287 01 
22,052,854 00 216,817 35 



$31,214,133 00 $309,469 66 
2,608,528 00 27,085 21 



$28,605,605 00 $282,384 45 

$319,887 00 $17,481 06 
7,130,334 00 75,597 54 



$7,450,221 00 
6,826,696 00 



$93,078 60 
55,993 87 



$623,525 00 $37,084 73 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$7,547,875 00 

3,870,303 00 

99,372 00 

27,431 00 

1,016,000 00 

50,000 00 

108,800 00 



DUTCHESS INSURANCE CO. 



185 



" DUTCHESS INSURANCE COMPANY," POUGHKEEPSIE, N. Y. 

[Incorporated April 12, 1836. Commenced business April 12, 1836.] 

Paid-up Capital, $200,000. 

L. H. VAIL, President. J. J. GRAHAM, Secretary. 



Detailed Statement of Stocks 



New York City bonds, .... 

Buffalo city bonds, 

Poughkeepsie city bonds, .... 
Long Island city bonds, .... 
Poughkeepsie Elec. Light & Power Co. bonds 
Chic. Gas Light & Coke Co. bonds, . 
Southern Pacific Co. bonds, 
Louisville & Nashville R.R. Co. bonds, . 
Kanawha & Michigan R'y Co. bonds, 
Iowa Central R'y Co. bonds, 
Leavenw'h Ter. R'y & Bridge Co. bonds, 
Chic, Mil. & St. Paul R'y Co. bonds, 
Central of Georgia R'y Co. bonds, . 
Brooklyn Union Gas Co. bonds, 
United Traction & Electric Co. bonds, 
Missouri, Kan. & Texas R'y Co. bonds, . 
St. Louis & San Francisco R.R. Co. bonds, 
Lake Erie & Western R.R. Co. bonds, 
Chic. & Eastern Illinois R.R. Co. bonds, . 
Read. Co. & Phil. & Read. C'l & I'n Co. bonds 
St. Louis, Iron Mt. & Southern R'y bonds, 

25 shares N. Y., Lack. & Western R'y, . 
100 ' 
330 ' 

10 ' 
5 ' 

25 ' 

10 ' 

60 ' 
100 ' 
100 ' 
200 ' 



American Telegraph & Cable Co., 
N. Y. Cent. & Hudson Riv. R.R., 
Mer'ts' Nat'l B'k, Poughkeepsie, 
Fallkill Nat'l B'k, Poughkeepsie, 
Ninth Nat'l B'k, N. Y. City, . 
City Nat'l Bank, Poughkeepsie, 
Far. & M'f't's N'l B'k, Pough., 
Chic. & Northwestern R'y Co., 
Union Pacific R.R. Co , . 
Consolidated Gas Co., 



and Bonds. 

Par Value. 

$58,000 00 

20,000 00 

55,000 00 

5,000 00 

10,000 00 

10,000 00 

10,000 00 

3,000 00 

5,000 00 

10,000 00 

5,000 00 

1,000 00 

12,000 00 

5,000 00 

5,000 00 

2,000 00 

3,000 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

2,500 00 

10,000 00 

33,000 00 

1,000 00 

500 00 

2,500 00 

1,000 00 

6,000 00 

10,000 00 

10,000 00 

20,000 00 



Market Value. 

$63,540 00 

21,400 00 

55,000 00 

5,800 00 

10,600 00 

11,000 00 

8,400 00 

3,570 00 

4,650 00 

11,500 00 

5,300 00 

1,200 00 

12,000 00 

5,850 00 

5,700 00 

1,960 00 

2,775 00 

12,000 00 

11,600 00 

9,400 00 

11,400 00 

3,375 00 

9,500 00 

47,685 00 

1,500 00 

700 00 

2,250 00 

1,120 00 

9,900 00 

17,150 00 

8,450 00 

39,100 00 



Securities held as collateral for cash loans 
Real estate mortgage assigned, 



$355,500 00 $415,375 00 



Market Value. Loaned Thereon. 

$10,000 00 $444 00 



186 



DUTCHESS INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $326 25 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus oyer capital, 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 



$21,100 00 

62,055 00 

1,124 11 

415,375 00 

444 00 

2,G1U 26 

20,823 52 

2,471 75 

29,643 97 

751 00 

244 66 



$ 2,650 00 

17,282 00 

3,200 00 

§23,132 00 
2,328 08 

$20,803 92 
233,279 56 

7,410 99 
483 66 

3,208 60 



$23,752 79 
43 17 

823,709 62 
299,984 61 

$323,694 23 
29,927 05 

$293,767 18 
46,014 26 



$562,643 27 



265,186 73 

$297,456 54 
200,000 00 

$97,456 54 



$247,752 92 



* Value of lands mortgaged, . • . 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$66,750 00 
72,000 00 
5-2,350 00 



EMPIRE CITY FIRE INSURANCE CO. 



187 



Interest received on mortgages, .... 
Interest and dividends received from all other sources, 
Income from rents, 



$3,708 88 

9,589 35 

153 30 



Gross cash income, $261,204 45 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



$191,555 02 
12,591 11 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $43,329,274 00 
. 29,776,287 00 



.$73,105,561 00 
. 25,908,410 00 

.$47,197,151 00 
. 1,421,143 00 



$178,963 91 

55,376 50 

19,374 06 

6,247 34 

10,947 35 

$270,909 16 



Premiums. 

$418,196 02 
299,984 61 

$718,180 63 
245,424 88 

$472,755 75 
15,702 70 



. $45,776,008 00 $457,053 05 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$5,071,552 00 

3,432,124 00 

178,398 00 

73,100 00 



"EMPIRE CITY FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated October, 1850. Commenced business October 5, 1850.] 

Paid-up Capital, $200,000. 

LINDLEY MURRAY, Jr., President. DAVID J. BURTIS, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, $200,000 00 

New York city bonds, 40,000 00 

Lake Shore & Michigan Southern R'y bonds, . 10,000 00 

American Exchange National Bank stock, . 5,000 00 

Underwriters' Salvage Co. stock, . . . 500 00 



Market Value. 

$214,000 00 

40,400 00 

11,000 00 

9,750 00 



$255,500 00 $275,150 00 



188 



EMPIRE CITY FIRE INSURANCE CO. 



Summary of Assets Dec. 81, 1900. 



Loans on mortgage of real estate (first liens *), 
Interest due thereon, .... 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$5,500 00 

137 50 

275,150 00 

303 24 

38,965 13 

716 25 

2,474 21 



$10,306 00 

91,326 68 

371 13 

13 50 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, . $3,204 98 

Premiums on risks written or renewed, . . 196,362 43 

Total, $199,567 41 

Premiums now in course of collection, . . 2,474 21 

Entire premiums collected, .... $197,093 20 
Less reinsurance and return premiums, . . 28,748 35 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from all other sources, 



$323,246 33 



102,017 31 

$221,229 02 
200,000 00 

$21,229 02 



$168,344 85 

275 00 

8,715 18 

124 74 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for miscellaneous, .... 

Loss on sale of bonds, 



$177,459 77 


$107,484 63 


12,000 00 


54,988 69 


11,070 00 


1,204 06 


6,784 20 


6,000 00 



Gross cash expenditures, 



$199,531 58 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$10,000 00 
5,000 00 
5,000 00 



ENTERPRISE MUTUAL FIRE INSURANCE CO. 



189 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

. $13,630,970 00 $ 124,297 02 
. 18,878,715 00 196,362 43 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $32,509,685 00 $320,659 45 
. 16,882,791 00 153,222 50 



.$15,626,894 00 $167,436 95 
37,875 00 154 22 



.$15,589,019 00 $167,282 73 



Miscellaneous. 

Premiums received from organization of company, . . $3,798,393 00 

Losses paid from organization of company, . . . . 1,781,749 00 

Fire losses incurred during the year, 102,288 00 

Cash dividends declared from organization of company, . 927,000 00 

Dividends declared during the year (6 per cent.), . . . 12,000 00 

Company's stock owned by directors, 45,300 00 



"ENTERPRISE MUTUAL FIRE INSURANCE COMPANY," 
PROVIDENCE, R. I. 

[Incorporated June 2, 1874. Commenced business July 14, 1874.] 
THOMAS J. BORDEN, President. THEODORE P. BOGERT, Secretary. 



Detailed Statement of 

United States bonds, .... 
Rhode Island State bonds, 
Providence city bonds, 
Boston city bonds, .... 
117 shares Providence & Worcester R.R. 
127 " Old Colony R.R., . 
63 " N. Y., N. H. & Hart. R.R., 
100 " Morris & Essex R.R., . 
Town of Barrington notes, 



Stocks, Bonds, etc. 

Par Value. 

$25,000 00 

48,000 00 

15,000 00 

20,000 00 

11,700 00 

12,700 00 

6,300 00 

5,000 0.0 

7,000 00 



Market Value. 

$34,500 00 
48,720 00 
17,550 00 
21,500 00 
35,100 00 
25,781 00 
13,293 00 
9,400 00 
7,000 00 



$150,700 00 $212,844 00 



Summary of Assets Dec. 31, 1900. 
Stocks, bonds, etc., as per schedule, . . . $212,844 00 



Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Gross assets, ..... 



11,685 93 
1,904 92 
1,837 88 



$228,272 73 



190 



ENTERPRISE MUTUAL FIRE INSURANCE CO. 



Liabilities. 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, 



$ 80,880 11 
3,076 49 



$83,956 60 



Net cash assets, $144,316 13 



Income. 

Premiums outstanding Dec. 31, 1899, . . $1,797 31 

Premiums on risks written or renewed, . . 170,465 78 



Total, $172,263 09 

Premiums now in course of collection, . . 1,837 88 



Entire premiums collected, .... $ 170,425 21 
Less reinsurance and return premiums, . . 7,526 94 

Net cash premiums received, . 
Interest and dividends received from all sources, . 



Gross cash income, . 



$162,898 27 
7,063 36 

$169,961 63 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 
for incidentals, 



Gross cash expenditures, 



$14,084 01 

139,838 53 

4,329 30 

3,345 48 

3,804 05 

£165,401 37 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, § 18,343,492 00 $154,940 57 $774,702 85 

Risks written during 1900, . 21,323,156 00 171,340 48 856,702 40 



Total, 



. f39,666,648 00 $326,281 05 $1,631,405 25 



Risks terminated during 1900, . 19,772,870 00 164,520 84 822,604 20 



In force at end of year, . .$19,893,778 00 $161,760 21 $808,801 05 



Miscellaneous. 

Losses incurred during the year, $14,084 00 

Average profits or surplus returned during 1900, 89.67 per cent. 






EQUITABLE FIRE AND MARINE INSURANCE CO. 



191 



"EQUITABLE FIRE AND MARINE INSURANCE COMPANY," 

PROVIDENCE, R. I. 

[Incorporated May, 1859. Commenced business September, I860.] 

Paid-up Capital, $400,000. 

FRED. W. ARNOLD, President. JAMES E. TILLINGHAST, Secretary. 



Detailed Statement of Stocks 



United States bonds, . 

City of Boston bonds, 

N. Y. Cent. & Hudson River R.R. bonds, 

Lehigh Valley Ter. R.R. Co. bonds, 

Milwaukee City R.R. bonds, 

Bridgeport Traction Co. bonds, 

United Traction & Electric Co. bonds, 

Chic, Burl. & Quincy R.R. bonds, . 

Lynn & Boston R.R. Co. bonds, 

Columbus, Ohio, St. R.R. Co. bonds, 

Milwaukee Elec. R'y & Light Co. bonds, 

Pawtucket Electric Co. bonds, . 

Western Gas Co. bonds, . 

Metro. Water Works Co. (Kan. City) bonds, 

Rhode Island & Suburban R'y Co. bonds, 

Grand Rapids Gas Light Co. bonds, 

500 shares Old National Bank, Providence, 

290 

200 

100 

100 

500 

230 

200 

110 

132 

50 

50 



N'l B'k of Commerce, Providence, 

American Nat'l Bank, Providence, 

Fourth National Bank, Providence 

First National Bank, Warren, 

Providence Gas Co., 

N. Y. Cent. & Hudson R. R.R. Co. 

Illinois Central R.R. Co., 

Chic, Rock Isl. & Pacific R.R. Co. 

Chicago, Burl. & Quincy R.R. Co., 

Rhode Island & Mass. R.R. Co., 

Wells, Fargo & Co., 



Securities held as collateral for cash loans : — 
700 shares United Traction & Electric Co., 



and Bonds. 

Par Value. 

$60,000 00 

25,000 00 

12,000 00 

10,000 00 

5,000 00 

5,000 00 

5,000 00 

3,000 00 

5,000 00 

5,000 00 

20,000 00 

10,000 00 

10,000 00 

7,000 00 

10,000 00 

5,000 00 

50,000 00 

14,500 00 

10,000 00 

10,000 00 

10,000 00 

25,000 00 

23,000 00 

20,000 00 

11,000 00 

13,200 00 

5,000 00 

5,000 00 



Market Value. 

169,300 00 

28,000 00 

11,760 00 

11,300 00 

5,320 00 

5,500 00 

5,758 00 

3,212 50 

5,645 00 

5,625 00 

21,900 00 

10,940 00 

10,733 00 

4,200 00 

9,700 00 

5,254 00 

46,500 00 

14,500 00 

9,300 00 

11,800 00 

8,700 00 

49,250 00 

33,522 50 

26,400 00 

13,310 00 

18,810 00 

5,600 00 

7,000 00 



|393,700 00 1458,810 00 

Market Value. Loaned Thereon. 

$77,000 00 $50,000 00 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $125,000 00 
Loans on mortgage of real estate (first liens *), 145,950 00 
Stocks and bonds, as per schedule, . . . 458,840 00 

* Value of lands mortgaged, $158,450 00 

Value of buildings thereon 254,000 00 

Amount of insurance held as collateral, .... 212,350 00 



192 



EQUITABLE FIRE AND MARINE INSURANCE CO. 



Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for fire, marine and inland risks, 
Rents due and accrued, .... 
Prem's more than three mos. due, $508 02 
Gross assets,* 



$50,000 00 

269 95 

49,965 37 

86,829 11 

363 75 

1,285 00 



?9 18,503 18 



Liabilities. 

Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, . . 



Surplus over capital, 



?9,608 38 
29,083 62 
3,043 00 
334,707 29 
1,500 00 
2,000 00 
7,710 10 
3,000 00 
3,058 55 



393,710 94 

$524,792 24 
400,000 00 

6124,792 24 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 



Total, ' 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



£70,677 63 
562,757 07 

$633,434 70 
84,970 57 

$548,464 13 
85,856 80 

?113 22 
8,957 08 

f 9,070 30 
1,858 54 

$7,211 76 
426 12 



sources, 



$462,607 33 



6,785 64 

7,683 61 

21,134 25 

6,188 00 

$504,398 83 



* Including $70,000 special reserve held under Rhode Island laws. 



EQUITABLE FIRE AND MARINE INSURANCE CO. 



193 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expense on real estate, 

for incidentals, 



$294,704 67 
15,018 32 

$9,527 88 
5,322 00 



$279,686 35 



4,205 88 
28,000 00 
94,359 99 
36,964 30 
16,256 23 

5,084 56 
29,459 54 



Gross cash expenditures, §494,016 85 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . .$48,116,709 00 $518,198 52 



Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 



49,689,746 00 562,757 07 



$97,806,455 00 $1,080,955 59 
38,363,502 00 421,053 04 



$59,442,953 00 $659,902 55 
2,767,990 00 29,992 45 



,674,963 00 $629,910 10 



$ 10,583 00 
608,007 00 

$618,590 00 
511,897 00 



$395 41 

8,957 08 

&9,352 49 

3,487 71 



$106,693 00 $5,864 78 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (7 per cent.), . 
Company's stock owned by directors, .... 



$6,972,485 00 

4,321,134 00 

289,383 00 

2,766 00 

669,500 00 

28,000 00 

89,750 00 



194 



THE ERIE FIRE INSURANCE CO. 



"THE ERIE FIRE INSURANCE COMPANY," BUFFALO, N. Y. 

[Information concerning this company may be found by consulting the Index. Its 
statement was undergoing verification by the New York department when this point was 
reached in printing this report.] 



"THE FARMERS 1 FIRE INSURANCE COMPANY," YORK, PA. 

[Incorporated April 6, 1853. Commenced business May 16, 1853.] 
WM. H. MILLER, President. E. K. McCONKEY, Secretary. 



Detailed Statement of Stocks 



N. C. Railway bonds, .... 

Pennsylvania R.R. bonds, .... 

Philadelphia & Erie R.R. bonds, 

Shamokin, Sunbury & Lewisburg R.R. bonds 

Lehigh Valley R.R. bonds, 

Potomac Valley R.R. bonds, 

Lehigh Valley Coal Co. bonds, 

Spring Garden school bonds, . 

Central Market House Co. bonds, . 

"Western Union Telegraph bonds, . 

12 shares Farmers' Nat'l Bank, York, Pa., 

50 

90 

615 

220 

2,191 

64 



York Co. Nat'l Bank, York, Pa., 
First National Bank, York, Pa., 
York National Bank, York, Pa., 
Pennsylvania R.R. Co., 
York Water Co., . 
York Gas Co. bonds, 



Securities held as collateral for cash loans : — 



131 shares First NatU B'k (York, Pa.), 
51 " York Water Co., . 
30 " York Gas Co., . 
20 " York Trust Co., 

286 " York National Bank, 



and Bonds. 

Par Value. 

18,000 00 

20,000 00 

15,000 00 

10,000 00 

25,000 00 

10,000 00 

10,000 00 

11,500 00 

10,000 00 

10,000 00 

1,200 00 

1,000 00 

9,000 00 

15,375 00 

11,000 00 

54,775 00 

3,200 00 



Market Value. 

09,400 00 

26,000 00 

18,075 00 

10,750 00 

25,625 00 

10,000 00 

10,800 00 

11,500 00 

10,000 00 

10,525 00 

2,100 00 

2,075 00 

18,720 00 

26,445 00 

16,390 00 

110,645 50 

5,760 00 



$225,050 00 $324,810 50 



Market Value. 

827,248 00 

2,652 00 

2,700 00 

1,500 00 

12,298 00 



Loaned Thereon. 

18,000 00 

1,500 00 

1,900 00 

500 00 

9,400 00 



846,398 00 $31,300 00 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $43,200 00 

Loans on mortgage of real estate (first liens*), 173,835 00 

* Value of lands mortgaged, $243,415 00 

Value of buildings thereon 272,710 00 

Amount of insurance held as collateral, .... 96,960 00 



THE FARMERS' FIRE INSURANCE CO. 



195 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Prem's more than three mos. due, $6,359 09 
Gross assets, 



$4,655 20 

324,810 50 

31,300 00 

256 52 

117,697 04 

690 77 

55,787 05 

97 83 



$752,329 91 



Liabilities. 

Losses adjusted, unpaid, .... 

claimed and reported, 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
State and local taxes, 
Commissions and brokerage, 
Bills payable, . 
Reinsurance disallowed, . 
Gross liabilities, . 



Surplus, 



$7,054 58 

18,967 00 

2,350 00 

376,344 87 

3,811 44 

3,500 00 

11,157 41 

333 64 

5,779 52 



429,298 46 
§323,031 45 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



$58,527 10 
613 18 

$57,913 92 
476,686 59 

$534,600 51 
62,146 14 

$472,454 37 
62,281 48 



sources, 



$95 00 



$410,172 89 

7,509 31 

16,019 48 

558 00 

1,971 74 

$436,231 42 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 



$303,484 71 
7,191 34 



$296,293 37 



196 



FIRE ASSOCIATION OF PHILADELPHIA. 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for incidentals, 

Loss on sale of property, .... 

Deposits returned on perpetual fire risks, 



$197 61 



Gross cash expenditures, . 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Perpetual risks in force (not incl'd above), 



. $60,299,089 00 
. 39,582,795 00 



.$99,881,884 00 
. 36,328,682 00 

.$63,553,202 00 
856,621 00 

. $62,696,581 00 

. $132,425 00 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 



$87,807 07 

52,726 25 

15,872 39 

2,828 56 

700 00 

$456,227 64 

Premiums. 

$710,010 50 
476,686 59 

11,186,697 09 
429,912 81 

$756,784 28 
11,208 63 

$745,575 65 

$4,012 04 



$9,369,848 00 

6,466,418 00 

294,297 00 



"FIRE ASSOCIATION OF PHILADELPHIA," PHILADELPHIA, PA. 

[Incorporated March 27, 1820. Commenced business Sept. 1, 1817-1 

Paid-up Capital, $500,000. 

E. C. IRVIN, President. BENJAMIN T. HERKNESS, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

City of Camden bonds $1,500 00 ^1,687 50 

City of Richmond certificates, .... 25,000 00 29,500 00 

City of Tacoma water and light bonds, . . 40,000 00 41,200 00 

City of Richmond certificates, .... 65,600 00 75,440 00 

City of Portland, Ore., new city hall bonds, . 15,000 00 18,150 00 

City of Petersburg, Va., bonds, . . . 50,000 00 62,500 00 

Atlantic City, N. J., city water works bonds, . 25,000 00 31,250 00 

City of Duluth water and light bonds, . . 100,000 00 117,000 00 

City of Birmingham, Ala., bonds, . . . 50,000 00 56,400 00 

State of Georgia bonds 25,000 00 28,500 00 

Lehigh Valley R.R. bonds, .... 132,000 00 164,600 00 

Philadelphia & Erie R.R. bonds, . . . 100,000 00 121,000 00 
Belt Railroad & Stock Yards bonds, . . 50,000 00 59,500 00 
Louisville & Nashville R.R. bonds, . . . 72,000 00 82,680 00 
Texas & Pacific R.R. bonds, .... 11,000 00 11,440 00 



FIRE ASSOCIATION OF PHILADELPHIA. 



197 



Camden & Atlantic R.R. bonds, 
Pennsylvania R.R. bonds, .... 
Cincinnati, Hamilton & Dayton R.R. bonds, 
Cincinnati, Dayton & Ironton R.R. bonds, 
Chicago, Rock Island & Pacific R.R. bonds, 
Northern Pacific R.R. bonds, . 
Reading Co. bonds, .... 
Ohio River R.R. bonds, 
Centralia & Chester R.R. bonds, 
Chicago & Erie R.R. bonds, 
Lynn & Boston R.R. bonds, 
Lehigh Valley Coal Co. bonds, 
Port of Portland, Ore., bonds, . 
Lehigh Coal & Navigation Co. bonds, 
Evansville & Terre Haute R.R. Co. bonds, 
Newark Passenger Railway Co. bonds, 
Lehigh Valley R.R. Co. bonds, 
Terminal Railroad Asso., St. Louis, bonds, 
Philadelphia City Passenger R'y Co. bonds, 
Cleveland Electric R.R. Co. bonds, . 
Lehigh Coal & Navigation Co. bonds, 
Toledo Electric Street Railway bonds, . 
Central of Georgia Railway Co. bonds, . 
United Traction Co. of Pittsburgh bonds, 
Colorado Springs Electric Co. bonds, 
Fairmount Park Transportation Co. bonds, 

Erie R.R. Co. bonds, 

Edison Electric Light Co. certificates, 
Chicago Edison Co. bonds, 
Minneapolis Street Railway Co. bonds, . 
Trenton Street Railway Co. bonds, . 
Seaboard & Roanoke R.R. Co. bonds, 
Wilmington & Chester Traction Co. bonds, 
Cleveland, Lorain & Wheeling R.R. Co. bonds 
Trenton Gas & Electric Co. bonds, . 
N. Y. Gas & Elec. Light, Heat & Power Co. b'ds 
Harrisburg Light, Heat & Power Co. bonds, 
The People's R.R. Co. of Syracuse bonds, 
Western Gas Co. bonds, .... 
Fort Pitt Traction Co. bonds, . 
Chicago Suburban Water & Light Co. bonds, 
Westchester Lighting Co. bonds, 
Westinghouse Electric & Manuf. Co. ctfs., 
United Railways certificates, . 
Asphalt Co. of America certificates, 
Philadelphia Electric certificates, 
1,353 shares Pennsylvania R.R. Co., 
331 " Phila., Ger. & Norrist'n R.R. Co., 
70 " Chestnut Hill Railroad Co., . 



Par Value. 

$30,000 00 
50,000 00 
20,000 00 
25,000 00 
25,000 00 
34,000 00 
50,000 00 
25,000 00 
50,000 0.0 
35,000 00 
50,000 00 
15,000 00 
39,000 00 

100,000 00 
50,000 00 
22,000 00 
75,000 00 
75,000 00 
50,000 00 
30,000 00 
50,000 00 
30,000 00 
50,000 00 
50,000 00 
50,000 00 
50,000 00 

100,000 00 
13,000 00 
50,000 00 
50,000 00 
20,000 00 
50,000 00 
30,000 00 
50,000 00 
40,000 00 
50,000 00 
25,000 00 
3,000 00 
25,000 00 
20,000 00 
25,000 00 
20,000 00 
25,000 00 
30,000 00 
40,000 00 
25,000 00 
67,650 00 
16,550 00 
3,500 00 



Market Value. 

$33,600 00 
55,250 00 
22,400 00 
28,000 00 
27,281 25 
36,082 50 
47,875 00 
28,000 00 
15,000 00 
42,350 00 
57,000 00 
16,200 00 
47,190 00 

127,000 00 
54,000 00 
26,180 00 
81,750 00 
86,625 00 
55,000 00 
32,700 00 
51,500 00 
32,700 00 
49,500 00 
57,000 00 
50,000 00 
52,562 50 

101,000 00 
14,560 00 
53,500 00 
54,000 00 
21,500 00 
55,000 00 
31,575 00 
55,500 00 
41,200 00 
47,500 00 
26,000 00 
3,210 00 
26,875 00 
23,550 00 
25,250 00 
20,600 00 
25,625 00 
25,875 00 
25,600 00 
25,187 50 

100,460 25 

51,139 50 

4,550 00 



198 



FIRE ASSOCIATION OF PHILADELPHIA. 



35 shares Philadelphia Bourse, . 

5 " Underwriters' Salvage Co., . 

125 " Centralia & Chester R.R. Co., 

500 " Philadelphia Traction Co., . 

100 " United Power & Trans. Co., 

2,000 " Miami Valley Insurance Co., 

250 " Colorado Springs Electric Co., 

102 " Company's own stock, $40,800 00 



Par Value. 


Market Value. 


$1,375 00 


75 00 


500 00 


500 00 


12,500 00 


- 


25,000 00 


49,500 00 


2,500 00 


3,300 00 


100,000 00 


1,250 00 


25,000 00 



750 00 



$2,837,675 00 $3,028,626 00 



Securities held as collateral for cash loans: — 

Portland University bonds, .... 

Mortgage assigned, 

259 shares Merchants 1 National Bank, 
114 " Diamond State Iron Company, 
75 " United N. J. Railroad & Canal Co., 
Wheeling Railway Co. bonds, .... 



Market Value. Loaned Thereon. 

112,480 00 $10,000 00 

3,000 00 2,875 00 
25,900 00 n 

11,400 00 > 50,000 00 
20,550 00 ) 

25,000 00 22,265 61 



$98,330 00 $85,140 61 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $6,182,155 61 



$493,600 00 

1,506,810 89 

42,081 32 

3,028,626 00 

85,140 61 

25,483 59 

230,701 90 

20,986 08 

838,263 53 

2,160 21 

20,701 48 



$6,294,555 61 
112,40* 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 



$170,014 02 

144,639 90 

40,994 71 

$355,648 63 
41,458 20 

$314,190 43 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$1,651,932 00 
2,197,419 00 
1,399,095 00 



FIRE ASSOCIATION OF PHILADELPHIA. 



199 



Unearned premiums on outstanding risks, . $2,315,130 44 

Reclaimable on perpetual fire policies, . . 1,945,077 48 

Commissions and brokerage, .... 166,353 64 

Return premiums, 95,971 03 

Reinsurance 84,248 70 

Reinsurance disallowed, 1,159 59 

Gross liabilities, except capital, . . $4,922,131 31 

Deduct liability on special deposits, . . 74,920 00 



1,847,211 31 



Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 



. $1,334,944 30 
500,000 00 



$834,944 30 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash tire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Income from all other sources, 

Deposits received for perpetual fire risks, 



$804,132 38 
3,841,841 25 

$4,645,973 63 
838,263 53 

$3,807,710 10 
895,042 39 



sources, 



$2,912,667 71 

107,244 70 

137,662 65 

18,697 93 

5,704 60 



,136 11 



Gross cash income, 



. $3,181,977 59 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employe 
for State and local taxes, 
for repairs on real estate, 
for incidentals, 

Deposits returned on perpetual fire risks, 



$2,086,668 00 
243,087 89 



es, 



$1,843,580 11 
200,000 00 
658,671 79 
237,729 22 
112,147 59 
9,600 11 
127,492 10 



$92,876 88 



Gross cash expenditures, 



. $3,189,220 92 



200 THE FIRE INSURANCE CO., COUNTY OF PHILADELPHIA. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, .... 

Perpetual risks in force (notincl'd above), 



$388,991,323 00 
304,327,744 00 

$693,319,067 00 
282,637,311 00 

§410,681,756 00 
25,917,884 00 

$384,763,872 00 

5,116,071 00 



Premiums. 

$4,361,622 92 

3,753,912 24 

$8,115,535 16 

3,321,767 20 

$4,793,767 96 

316,356 14 

$4,477,411 82 

$2,116,012 61 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, 

Cash dividends declared from organization of company 

Dividends declared during the year (40 per cent.), 

Company's stock owned by directors, 



$52,862,167 00 

29,055,146 00 

1,797,231 00 

5,979,762 00 

200,000 00 

31,300 00 



"THE FIRE INSURANCE COMPANY OF THE COUNTY OF 
PHILADELPHIA," PHILADELPHIA, PA. 

[Incorporated May 31, 1832. Commenced business April 19, 1S33.] 

Paid-up Capital, $400,000. 

CHARLES R. PECK, President. E. A. LAW, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Lehigh Valley R.R. bonds, .... $8,000 00 $10,440 00 

Delaware & Bound Brook R.R. Co. bonds, . 24,000 00 28,080 00 

Penn. & N. Y. Canal & R.R. bonds, . . . 6,000 00 7,110 00 

11 shares Elmira & Williamsport R.R., . . 550 00 550 00 

United New Jersey R.R. & Canal Co. bonds, . 20,000 00 20,300 00 

Philadelphia & Erie R.R. bonds, . . . 10,000 00 12,100 00 

Pennsylvania R.R. bonds, 11,000 00 13,920 00 

Belvidere, Delaware, R.R. bonds, . . . 1,000 00 1,040 00 

Connecting Railway bonds, .... 3,000 00 3,140 00 

264 shares Phil., Ger. & Norrist'n R.R. Co., . 13,200 00 41,184 00 

City of Camden bonds, 1,000 00 1,100 00 

Pennsylvania R.R. bonds, 6,000 00 6,630 00 

150 shares United Companies of N. J., . . 15,000 00 41,100 00 



THE FIRE INSURANCE CO., COUNTY OF PHILADELPHIA. 201 



205 shares Germantown Passenger R'y Co., 

Pennsylvania Steel Co. bonds, . 

100 shares 2d & 3d Sts. Passenger R'y Co., 

Penn. & Northwestern R.R. Co. bonds, . 

352 shares Pennsylvania R.R. Co., . 

Lehigh Valley R'y bonds, 

69 shares The N'l B'k of the N. Liberties, Phil. 

Lehigh Valley R.R. bonds, 

104 shares North Penn. R.R. Co., 

Philadelphia City Pass. R'y Co. bonds, . 

Lombard & South Streets Pass. R'y Co. bonds 

20 shares 13th & 15th Sts. Pass. R'y Co., . 

Newark Pass. R'y Co. bonds, . 

28 shares Bank of North America, Phil., . 

10 shares First National Bank of Phil., . 

Northern Central R'y Co. bonds, 

50 shares Frank. & South. P. C. P. R.R. Co., 

164 shares The Union Traction Co. of Phil., 

Elec. & People's Traction Stock Tr. certs., 

200 shares Philadelphia Traction Co., 

200 shares Philadelphia Securities Co., . 

Phil. & Reading Terminal bonds, 

Equitable Ilium. Gas Light Co. of Phil, bonds 

Pitts., Cin., Chic. & St. Louis R'y Co. bonds, 

Catawissa R.R. Co. bonds, 



Par Value. 

$10,250 00 

15,000 00 

5,000 00 

10,000 00 

17,600 00 

25,000 00 

3,450 00 

15,000 00 

5,200 00 

3,000 00 

3,000 00 

1,000 00 

5,000 00 

2,800 00 

1,000 00 

10,000 00 

2,500 00 

2,870 00 

25,000 00 

10,000 00 

250 00 

10,000 00 

15,000 00 

20,000 00 

4,000 00 



Market Value. 

$30,750 00 

16,350 00 

30,300 00 

10,000 00 

26,136 00 

27,250 00 

7,874 63 

19,125 00 

11,128 00 

3,180 00 

3,000 00 

6,200 00 

5,950 00 

7,126 00 

1,700 00 

12,200 00 

22,800 00 

6,068 00 

25,250 00 

19,800 00 

250 00 

12,550 00 

16,387 50 

24,000 00 

4,400 00 



Securities held as collateral for cash loans : — 
21 shares Union Passenger R'y Co., . 



$340,670 00 $536,469 13 



Market Value. Loaned Thereon. 

$4,998 00 $3,200 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 
Perpetual deposits in other companies, . 
Gross assets, 



$71,000 00 

223,050 00 

3,953 59 

536,469 13 

3,200 00 

1,355 11 

43,749 22 

34 40 

43,261 94 

161 00 

258 60 

5,077 00 



$931,569 99 



* Value of property mortgaged, . 
Amount of Insurance held as collateral, . 



$429,850 00 
175,900 00 



202 THE FIRE INSURANCE CO., COUNTY OF PHILADELPHIA. 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



$8,142 26 

15,028 00 

$23,170 26 
6,848 80 

$16,321 46 

135,379 49 

230,038 86 

10,815 48 

3,745 14 



$396,300 43 

$535,269 56 
400,000 00 

$135,269 56 



Income. 
Fire premiums outstanding Dec % . 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on inortgao-es, 

Interest and dividends received from all other 

Income from rents, . . 

Income from all other sources, 

Deposits received for perpetual fire risks, 



Gross cash income, 



$33,055 37 
296,204 77 

$329,260 14 
43,261 94 

£285,998 20 
88,289 45 



sources, 



$6,286 92 



$197,708 

9,430 

26,749 

2,046 

436 



75 
24 
71 

92 
50 






$236,372 12 



Expenditures. 

Cash paid for fire losses, $225,869 95 

Deduct salvage and reinsurance, . . . 77,092 41 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 

Deposits returned on perpetual fire risks, . $7,884 05 

Gross cash expenditures, 



$148,777 54 
24,000 00 
46,478 38 
15,576 04 
10,241 55 
18,304 83 



$263,378 34 



FIREMAN S FUND INSURANCE CO. 



203 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 



. $24,555,534 00 
. 27,092,756 00 



. $51,648,290 00 
. 23,116,211 00 

. #28,532,079 00 
. 4,844,665 00 

Net amount in force, $23,687,414 00 

Perpetual risks in force (not incl'd above), . $10,466,807 00 

Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, 

Cash dividends declared from organization of company 

Dividends declared during the year (6 per cent.), . 

Company's stock owned by directors, 



Premiums. 

$258,563 25 
296,204 77 

$554,768 02 
243,518 32 

$311,249 70 
55,628 31 

$255,621 39 

$254,023 52 



$3,233,873 00 

2,087,570 00 

149,215 00 

756,408 00 

24,000 00 

133,400 00 



"FIREMAN'S FUND INSURANCE COMPANY," SAN FRANCISCO, 

CAL. 

[Incorporated May 3, 1863. Commenced business June 18, 1863.] 

Paid-up Capital, $1,000,000. 

WM. J. DUTTON, President. LOUIS WEINMANN, Secretanj. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $125,000 00 $173,125 00 

Hawaiian gov'ment (assum'd by U.S. gov.) b'ds, 24,000 00 24,000 00 

Omnibus Cable R'y Co., San Fran., CaL, b'ds, 125,000 00 160,000 00 

Market St. R'y Co., San Francisco, CaL, b'ds, . 108,000 00 132,030 00 

Powell St. R'y Co., San Francisco, CaL, bonds, 20,000 00 23,600 00 

Sutter St. R'y Co., San Francisco, CaL, bonds, 50,000 00 56,500 00 

Presidio & Ferries R.R. Co., San Fran., CaL, b'ds, 50,000 00 50,500 00 

San Francisco & San Joaquin Val. R'y Co. b'ds, 46,000 00 55,200 00 

San Francisco & North Pacific R'y bonds, .. 10,000 00 11,500 00 

Northern Railway of California bonds, . . 40,000 00 45,600 00 

Northern California Railway Co. bonds, . . 10,000 00 11,000 00 

Southern Pacific of Arizona bonds, . . . 5,000 00 5,675 00 

Los Angeles Railway Co. bonds, . . . 14,000 00 15,610 00 

Oakland Gas Light & Heat Co. bonds, . . 60,000 00 66,600 00 

Stockton Gas & Electric Co. bonds, . . . 32,000 00 32,320 00 

Spring Val. Water Works of San Fran, bonds, 39,000 00 44,460 00 

Riverside Water Co. bonds, .... 20,000 00 18,000 00 

Baker City, Ore., water bonds, .... 17,000 00 17,680 00 

Baker City, Ore., school bonds, . . . 15,000 00 15,600 00 



204 



fireman's FUND INSURANCE CO. 



Palo Alto, California, school bonds, 
Territory of Arizona funding bonds, 
Blaine County, Idaho, bonds, . 
American Hawaiian Steamship Co.,N. Y.,b'ds 
Sunset Telephone & Telegraph Co. bonds, 
Natoma Vineyard Co., California, bonds, 
Oahu Sugar Co. of Honolulu, H. I., bonds, 
Oceanic Steamship Co., San Fran., Cal., bonds 
2,986 shares Home Fire & Marine Ins. Co., Cal. 
140 " Bauk of Cal., San Fran., Cal., 
230 " First Nat'l Bank, San Fran., Cal. 
166 " Anglo-Cal. B'k, San Fran., Cal., 
340 " Sather Bank'g Co., San Fran., Cal. 
100 " Mercantile T. Co., San Fran., Cal. 
450 " Oakland B'k of Sav., Oak., Cal., 
50 " Union Nat'l Bank, Oakland, Cal. 
250 " San Francisco National Bank, 
1,000 " Cal. St. C. R.R. Co., San Fran., Cal 
625 " Sutter St. R.R. Co., San Fran., Cal 
550 » P. &Fer. R.R. Co., San Fran., Cal 
200 " MarketSt.R'yCo.,SanFran.,Cal 
550 " Oakland Gas Light & Heat Co., 
500 " San Fran. Gas & Electric Co., 
200 " Pacific G. Imp. Co., San Fran., Cal 
786 " Stockton Gas & Electric Co., 
600 " Spring Val. W. W., San Fran , Cal 
100 " San Jose Water Co., . 
250 " Cal. Shipping Co., San Fran., Cal 
656 " San Francisco Dry Dock Co., 
656 " Mission Rock Co., San Fran., Cal 

Securities held as collateral for cash loans 

18 shares California St. Cable R.R. Co., 
68 " Pacific Gas Improvement Co., 
390 " Bank of Sonoma County, 
400 « Sutter Street Railway Co., . 
363 " Masonic Hall Association, . 
200 " B'k of Sonoma Co., Pet., Cal., 
595 " Masonic Hall Association, . 
1,500 " S. F. & North Pacific R'y Co., 
1,011 " Presidio & Ferries R'y Co., . 
125 " California Bank of Los Angeles, 
20 " Eastern Dynamite Co., . 
Southern Pacific of California bonds, 
Presidio & Ferries R'y bonds, . 
2 shares Market St. Railway Co., 
Honolulu Rapid Transit & Land Co. bonds, 



Par Value. 

87,500 00 

22,000 00 

400 00 

15,000 00 

10,000 00 

500 00 

20,000 00 

2,000 00 

298,600 00 

14,000 00 

23,000 00 

8,300 00 

5,000 00 
22,500 00 

5,000 00 
25,000 00 
100,000 00 
62,500 00 
30,250 00 
20,000 00 
38,500 00 
50,000 00 
20,000 00 
23,580 00 
60,000 00 
10,000 00 
25,000 00 
65,600 00 



Market Value. 

$7,650 00 

23,540 00 

400 00 

15,000 00 

10,700 00 

500 00 

20,000 00 

2,210 00 

600,000 00 

57,400 00 

71,300 00 

12,450 00 

5,10u 00 

5,600 00 

33,750 00 

8,250 00 

28,750 00 

129,500 00 

62,500 00 

11,000 00 

13,950 00 

26,950 00 

22,750 00 

9,200 00 

9,825 00 

55,950 00 

10,000 00 

25,000 00 

24,600 00 



£1,794,230 00 $2,262,825 00 



Market Value. 

82,331 00 

3,128 00 
48,750 00 
40,000 00 

5,445 00 
25,000 00 

8,925 00 
30,000 00 
20,220 00 
12,500 00 

1,700 00 

16,500 00 

10,100 00 

139 50 

50,000 00 



Loaned Thereon. 

83,000 00 

34,000 00 

24,500 00 

4,000 00 

15,000 00 

6,500 00 



J> 54,000 00 



100 00 
40,000 00 



8274,738 50 $181,100 00 



fireman's FUND INSURANCE CO. 



205 



Summary of Assets Dec. 81, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire, marine and inland risks, 
Reinsurance due on losses paid, etc., 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $3,876,925 76 



$563,700 00 

280,187 64 

6,913 34 

2,262,825 00 

181,100 00 

14,472 07 

176,032 43 

790 30 

460,975 64 

50,743 88 

14,435 46 



Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Bills payable and deposits, 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 



$32,093 30 
267,363 41 

5,825 00 

$305,281 71 
128,587 49 

$176,694 22 

1,427,069 68 

61,850 61 

19,974 60 

112,327 11 

11,797,916 22 
63,557 21 



1,012,175 76 
135,250 00 



1,734,359 01 

$2,142,566 75 

1,000,000 00 

$1,142,566 75 



$346,318 92 
2,316,597 26 

$2,662,916 18 
407,498 59 

$2,255,417 59 
657,924 96 
* $1,597,492 63 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$583,500 00 
160,000 00 
103,500 00 



206 



FIREMAN S FUND INSURANCE CO. 



Marine premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash marine premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 



Gross cash income, 



other 



$121,457 23 
862,050 30 

$983,507 53 
104,220 93 

$879,286 60 
556,103 55 



sources, . 



$323,183 05 

32,609 15 

117,439 08 

27,952 09 

$2,098,676 00 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash paid for marine and inland losses, 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$1,236,900 34 
247,948 60 

£542,487 50 
344,990 65 



$988,951 74 



197,496 85 
120,000 00 
257,301 45 
236,017 74 
68,432 45 
191,008 91 

?2,059,209 14 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$225,949,659 00 

192,755,941 00 

$418,705,600 00 

167,293,911 00 

$251,411,689 00 

34,161,293 00 



Premiums. 

$2,692,293 65 
2,316,597 26 

$5,008,890 91 
1,982,621 48 

$3,026,269 43 
409,297 15 



$217,250,396 00 $2,616,972 28 



$12,493,114 00 
101,564,872 00 

$114,057,986 00 
103,524,793 00 

$10,533,193 00 
6,002,768 00 



$308,107 38 
862,050 30 

$1,170,157 68 
831,061 85 

$339,095 83 
177,915 41 



$4,530,425 00 $161,180 42 



THE FIREMEN S INSURANCE CO. 



207 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 



§37,486,783 00 

19,709,446 00 

999,195 00 

192,263 00 

3,136,060 00 

120,000 00 



"THE FIREMEN'S INSURANCE COMPANY OF BALTIMORE," 

BALTIMORE, MD. 

[Incorporated December, 1825. Commenced business Aug. 2, 1826.] 
Paid-up Capital, 8900,000. 
F. E. S. WOLFE, President. HARRY L. RIALL, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $100,000 00 $111,000 00 

Virginia State bonds 79,500 00 58,120 00 

Baltimore city bonds, 592,000 00 667,386 50 

North Carolina State bonds, .... 20,000 00 21,400 00 

Jeffersonville, Ind., city bonds, . . . 5,000 00 5,000 00 

Indianapolis, Ind., city bonds, .... 20,000 00 21,000 00 

Alien County, Ind., bonds, .... 20,000 00 20,800 00 

Baltimore City Pass. R'y certificates, . . 2,500 00 2,650 00 

Sioux City Ter. R.R. & Wh'se Co. bonds, . 10,000 00 8,000 00 

Bait, Catons & El. City R.R. bonds, . . 15,000 00 16,800 00 

Atlantic Coast Line bonds, .... 25,000 00 26,000 00 

Norfolk & Carolina R.R. bonds, . . . 10,000 00 11,500 00 

Georgia Pacific R.R. bonds, .... 8,000 00 10,080 00 

Georgia, Carolina & Northern R.R. bonds, . 5,000 00 5,250 00 

Bait. & Cumberland Valley R.R. bonds, . . 6,000 00 6,000 00 

Richmond & Danville R.R. bonds, . . . 2,000 00 2,000 00 

Lexington R'y bonds, 11,000 00 10,780 00 

37£ shares Lexington R'y, .... 3,750 00 1,275 00 

100 " Merchants' National Bank, . . 10,000 00 18,100 00 

810 " National Mechanics' Bank, . . 8,100 00 24,300 00 

200 " Far. & Merch. Nat'l Bank, . . 8,000 00 13,800 00 

100 " People's Bank, .... 2,000 00 1,800 00 

400 " National Marine Bank, . . . 12,000 00 14,800 00 

300 " Western National Bank, . . . 6,000 00 12,000 00 

150 " Second National Bank, . . . 15,000 00 27,750 00 

900 " Citizens' National Bank, . . . 9,000 00 23,850 00 

300 " United R'ys & Electric Co., . . 15,000 00 5,250 00 



$1,019,850 00 $1,146,691 50 



208 



THE FIREMEN S INSURANCE CO. 



Securities held as collateral for cash loans : — 

375 shares Maryland Cas'y Co., 

Personal note, 



Market Value. 

$20,625 00 
6,000 00 



Loaned Thereon. 

$20,200 00 



$26,625 00 $20,200 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Com. due on return prem's and reinsurance, 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $1,473,583 84 



$195,000 00 

1,146,691 50 

20,200 00 

5,435 19 

46,658 39 

16,298 12 

60,301 35 

1,000 82 

6,123 47 



$1,497,708 84 
24,125 00 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Special reserve fund, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$8,322 43 

23,540 55 

334,200 76 

838 56 

10,000 00 

13,693 99 

24,493 90 

16,643 08 



- 431,733 27 

'. $1,041,850 57 
900,000 00 



6141,850 57 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $71,181 11 
Premiums on risks written or renewed, . . 785,829 71 

Total, $857,010 82 

Premiums now in course of collection, . . 60,301 35 

Entire premiums collected, .... f 796,709 47 
Less reinsurance and return premiums, . . 296,877 26 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Income from rents, . 

Assets acquired from Fidelity by reinsurance, . $121,217 52 
Received for increased capital, . . . 400,000 00 



$499,832 21 

21,348 10 

8,834 54 



Gross cash income, $530,014 85 



firemen's INSURANCE CO. 



209 



Expenditures. 

Cash paid for fire losses, $451,394 19 

Deduct salvage and reinsurance, . . . 115,607 56 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 

Loss on sale and depreciation of assets, . 

Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$66,417,361 00 
. 93,336,062 00 

$158,753,423 00 
. 56,995,912 00 

$101,757,511 00 
. 16,045,201 00 



$335,786 63 

39,629 44 

73,076 18 

13.752 00 
30,105 39 

29.753 28 
129 34 

$522,232 26 

Premiums. 

$574,859 22 

785,829 71 

1,360,688 93 

521,297 58 

$839,391 35 

164,950 98 



.$85,712,310 00 $674,440 37 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, 

Cash dividends declared from organization of company 

Dividends declared during the year (4^ per cent.), 

Company's stock owned by directors, 



$,139,212 00 

4,707,275 00 

344,187 00 

3,501,534 00 

40,000 00 

98,700 00 



"FIREMEN'S INSURANCE COMPANY OF NEWARK, N. J.," 

NEWARK, N. J. 

[Incorporated Dec. 3, 1855. Commenced business Dec. 3, 1855.] 

Paid-up Capital, $1,000,000. 

DANIEL H. DUNHAM, President. A. H. HASSINGER, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Morris & Essex R.R. bonds, .... $50,000 00 $68,000 00 

Montclair Gas & Water Co. bonds, . . . 5,000 00 5,000 00 

North Hudson County R'y Co. bonds, . . 45,000 00 51,100 00 

Newark Gas Co. bonds, 50,000 00 69,000 00 

Lehigh Valley Terminal R'y bonds, . . 4,000 00 4,400 00 

Newark Pass. R'y Co. bonds, .... 20,000 00 23,600 00 

Atlantic City, N. J., water bonds, . . . 22,000 00 24,200 00 

Passaic Water Co. bonds, 20,000 00 21,200 00 






firemen's INSURANCE CO. 



Consolidated Traction Co. bonds, 
Consumers' Heat, Light & Power Co. bonds, 
Central R.R. of New Jersey bonds, . 
United Electric Co. (N. J.) bonds, . 
Newark Consolidated Gas Co. bonds, 
United X. J. R.R. ft Canal Co. stock, 
Rapid Transit R'y Co. stock, 
Western Adjustment & Inspec. Co. stock 
Del., Lack. & Western R.R. stock, . 
Morris ft Essex R.R. stock, 
Newark City National Bank stock, . 
Nat 1 ] Newark Banking Co. stock, . 
National State Bank stock, 
Essex County National Bank stock, . 
German National Bank stock, . 
Manufacturers 1 National Bank stock, 
Newark ft Rosendale Lime & Cem. Co stock 
Merchants' National Bank stock, 
N. Y. & N. J. Telephone stock, 



Par Value. 

|100,000 00 

10,000 00 

25,000 00 

80,000 00 

20,000 00 

13,900 00 

15,000 00 

300 00 

60,000 00 

70,000 00 

20,000 00 

.000 00 

32,500 00 

20,000 00 

10,000 00 

10,000 00 

4,000 00 

8,000 00 

20,000 00 



Market Value. 

\000 00 

10,500 00 

31,250 00 

59,200 00 

21,000 00 

36,835 00 

36,000 00 

375 00 

108,000 00 

127,400 00 

36,000 

40,000 00 

58,500 00 

100,000 00 

24,000 00 

16,000 00 

1,400 00 

18,000 00 

33,000 00 



1754,700 00 $1,132,960 00 



Summary of Assets Dec. 31, 1 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 
Prem's more than three mos. due, f 682 59 
Gross assets, 

Liabilities. 

Losses claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amouut of unpaid losses, 
Unearned premiums on outstanding risks, 
Unpaid scrip ordered to be redeemed, 
Interest due or accrued on scrip, 



§139,396 70 

1,234,704 94 

17,507 37 

1,132,960 00 

1,870 28 

15,703 02 

7,162 50 

84,234 88 

62 66 

38 79 



£2,633,641 14 



637,191 23 
1,012 

$38,203 23 

1.5- - 

63o,615 10 

414,127 97 

1,896 00 

497 55 



Value of lauds mortgaged, 

Value of buildings thereon, 

Amount of insurance held as collateral, 



Sl.l-23.su 00 
1,923,100 00 
1.59S.035 00 



FIREMEN S INSURANCE CO. 



211 



Commissions and brokerage, . 
Return premiums, .... 
Reinsurance, ..... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, • . 

Surplus over capital, . 

Income 

Fire premiums outstanding Dec. 31, 1899 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 



$17,966 

10,188 

5,221 



63 
32 

68 



- $486,513 25 

. $2,147,127 89 
. 1,000,000 00 

. $1,147,127 89 



$62,585 
285 



06 
91 



$62,299 
576,902 



15 
57 



$639,201 
84,917 



72 

47 



$554,284 
87,009 



25 
61 



sources, 



Gross cash income, . 

Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expenses on real estate, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



$280,169 
31,145 



22 
44 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $78,383,240 
. 57,255,978 



$467,274 64 
66,489 67 
50,929 18 
10,847 62 

$595,541 11 



$249,023 78 

100,000 00 

107,771 02 

33,956 00 

22,805 02 

3,122 65 

29,488 53 

$546,167 00 



Premiums. 

00 $698,200 35 
00 576,902 57 



$135,639,218 
. 41,355,519 



00 $1,275,102 92 
00 443,891 12 



. $94,283,699 
. 4,618,966 



00 $831,211 80 
00 41,121 88 



. $89,664,733 00 $790,089 92 



212 



firemen's MUTUAL INSURANCE CO. 



Miscellaneous. 

Premiums received from organization of company, . . $8,993,009 00 

Losses paid from organization of company, .... 4,305,853 00 

Fire losses incurred during the year, 240,732 00 

Cash dividends declared from organization of company, . 1,970,500 00 

Dividends declared during the year (10 per cent.), . . 100,000 00 

Company's stock owned by directors, 281,500 00 



"FIREMEN'S MUTUAL INSURANCE COMPANY," 
PROVIDENCE, R. I. 

[Incorporated May, 1854. Commenced business September, 1854.J 
EDWIN BARROWS, President. JOSEPH T. A. EDDY, Secretary. 



Detailed Statement of Stocks, Bonds, etc. 



United States bonds, 

Rhode Island State bonds, 

Columbus Street R'y Co. bonds, 

Chicago, Burlington & Quincy R.R. bonds, 

200 shares Cleveland & Pittsburg R'y Co., 

200 " West End Street R'y Co., 

200 " Rensselaer & Saratoga R.R., . 

440 " Pennsylvania R.R., . 

200 " Morris & Essex R.R., 

300 " Rome, Watert'n & Ogdensburg R.R. 

200 " Chicago & Northwestern R.R., 

100 " Old Colony R.R., . 

200 " N. Y., Lackawanna & Western R.R. 

200 " Illinois Central R.R., 

220 " Chic, Rock Island & Pacific R.R., 

250 " Chic, Burlington & Quincy R.R., 

100 " Pittsburgh, Ft. Wayne & Chic. R.R. 

460 " N. Y. Cent. & Hudson River R.R., 

600 " Merchants' National Bank, . 

260 " First National Bank, 

280 " American National Bank, 

400 " Commercial National Bank, . 

200 " National Bank of Commerce, . 

100 " Old National Bank, . 

100 " Blackstone Canal National Bank, 

231 " Providence Gas Co., 



Par Value. 

$120,000 00 

100,000 00 

20,000 00 

4,000 00 
10,000 00 
10,000 00 
20,000 00 
22,000 00 
10,000 00 
30,000 00 
20,000 00 
10,000 00 
20,000 00 
20,000 00 
22,000 00 
25,000 00 
10,000 00 
46,000 00 
30,000 00 
26,000 00 
14,000 00 
20,000 00 
10,000 00 
10,000 00 

2,500 00 
11,550 00 



Market Value. 

$ 144,800 00 
110,000 00 
22,400 00 
4,120 00 
19,000 00 
18,600 00 
39,800 00 
32,560 00 
19,000 00 
40,500 00 
34,200 00 
20,300 00 
27,000 00 
26,400 00 
26,400 00 
35,500 00 
19,000 00 
66,240 00 
39,000 00 
30,680 00 
12,880 00 
19,200 00 
10,000 00 
9,300 00 
2,700 00 
22,176 00 



$643,050 00 8851,756 00 



Summary of Assets Dec. 31, 1900. 

Stocks and bonds, as per schedule, . . . $851,756 00 
Cash deposited in bank, 62,359 46 



firemen's MUTUAL INSURANCE CO. 



213 



Interest due and accrued, .... 

Premiums in course of collection (gross), 

Gross assets, 



$6,739 84 
5,487 08 



$926,342 38 



Liabilities. 

Unearned premiums on outstanding risks, 

State and local taxes, .... 

Gross liabilities, 



$300,352 91 
11,182 14 



311,535 05 



Net cash assets, $614,807 33 



Income. 

Premiums outstanding Dec. 31, 1899, . . $6,000 23 

Premiums on risks written or renewed, . . 638,782 23 

Total, $644,782 46 

Premiums now in course of collection, , . 5,487 08 

Entire premiums collected, .... $639,295 38 
Less reinsurance and return premiums, . . 25,997 93 

Net cash premiums received, .... 

Interest and dividends received from all sources, . 

Gross cash income, 



$613,297 45 
32,862 64 

$646,160 09 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for incidentals, .... 

for inspections, .... 

Gross cash expenditures, .... 



$46,237 23 

509,195 37 

12,186 25 

12,320 40 

850 00 

1,129 69 

9,612 84 

$591,531 78 



Risks and Premiums. 

Amount. Cash Prem's. 

Risks outstanding Dec. 31, 1899, $71,206,435 00 $554,815 44 
Risks written during 1900, . 82,752,975 00 638,782 23 



Total, .... $153,959,410 00 $1,193,597 67 
Risks terminated during 1900, . 76,363,001 00 592,891 86 



Conting't Prem's. 

$2,774,077 20 
3,193,911 15 

$5,967,988 35 
2,964,459 30 



In force at end of year, . . $77,596,409 00 $600,705 81 $3,003,529 05 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 90.50 per cent. 



$41,625 00 



214 



FRANKLIN FIRE INSURANCE CO. 



"FRANKLIN FIRE INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 22, 1829. Commenced business June 22, 1829.] 

Paid-up«Capital, $400,000. 

JAMES W. MCALLISTER, President. EZRA T. CRESSON, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Pitts., Chartiers & Youghiogheny R.R. bonds, $53,000 00 $54,060 00 

Shamokin, Sunbury & Lewisburg R.R. bonds, 10,000 00 10,300 00 

Chartiers R. W. Co. bonds, .... 6,000 00 6,2-40 00 

Penn. & N. Y. Canal & R.R. bonds, . . . 63,000 00 72,120 00 

Huntington & Broad Top R.R. bonds, . . 20,000 00 21,200 00 

Lehigh Valley R.R. bonds, .... 235,000 00 250,000 00 

Philadelphia & Erie R.R. bonds, . . . 35,000 00 38,500 00 

Phila., Wilmington & Baltimore R.R. bonds, , 50,000 00 54,000 00 

Belvidere Delaware R.R. bonds, . . . 21,000 00 23,310 00 

Chicago & Western Indiana R.R. bonds, . . 5,000 00 5,250 00 

Pennsylvania Railroad trust loan, . . . 30,000 00 33,300 00 

Connecting R.R. Co. bonds, .... 20,000 00 20,400 00 

Easton & Amboy R.R. bonds, .... 25,000 00 28,000 00 

Elmira & Williamsport R.R. Co. bonds, . . 10,000 00 10,700 00 

West Jersey R.R. bonds, 25,000 00 29,75u 00 

New York Central R.R. bonds, . . . 25,000 00 25,750 00 

HarrisbV, Ports., Mt. Joy & Lane. R.R. bonds, 25,000 00 27,000 00 

Northern Central R.R. bonds, .... 15,000 00 18,600 00 

Steubenville & Indiana R.R. Co. bonds, . . 60,000 00 67,800 00 

Camden & Atlantic R.R. bonds, . . . 15,000 00 18,000 00 

Northern Central R.R. bonds, .... 15,000 00 17,300 00 

River Front R.R. bonds, 16,000 00 17,600 00 

Camden & Atlantic R.R. Co. bonds, . . 11,000 00 11,550 00 

Philadelphia & Reading R.R. Co. bonds, . . 75,000 00 79,500 00 

Northern Central Railway bonds, . . . 14,000 00 15,400 00 

Philadelphia & Baltimore Cent. R.R. bonds, . 1,000 00 1,030 00 

Jacksonville Southeastern Railway bonds, . 4,000 00 3,000 00 

Jacksonville & St. Louis R.R. bonds, . . 15,400 00 4,262 00 

Wilmington & Weldon R.R. bonds, . . . 50,000 00 52,500 00 

West Jersey & Seashore R.R. bonds, . . 25,000 00 27,500 00 

Pitts., Chartiers & Youghiogheny R.R. bonds, 50,000 00 50,000 00 

Chicago, Rock Island & Pacific R.R. bonds, . 70,000 00 75,600 00 

Lehigh & Hudson River R'y Co. bonds, . . 25,000 00 26,250 00 

Erie & Pittsburgh R.R. Co. bonds, . . . 50,000 00 51,000 00 

West Jersey & Seashore R.R. bonds, . . 100,000 00 101,000 00 

Louisville & Nashville R.R. bonds, . . . 50,000 00 50,000 00 

N. Y., Philadelphia & Norfolk R.R. bonds, . 25,000 00 26,250 00 

Pitts., Cin., Chicago & St. Louis R.R. bonds, . 50,000 00 50,500 00 

Erie R.R. equipment trust bonds, . . . 50,000 00 51,500 00 

Rio Grande Western R.R. bonds, . . . 25,000 00 22,500 00 



FRANKLIN FIRE INSURANCE CO. 



215 



United Railways Co. of St. Louis, Mo., bonds, 
Lehigh Coal & Navigation Co. bonds, 
Lehigh Valley Coal Co. bonds, 
Susquehanna Coal Co. bonds, . 
Philadelphia & Read. Coal & Iron Co. bonds, 
Delaware River Ferry Co. bonds, 
Girard Point Storage Co. bonds, 
Philadelphia Traction Co. bonds, 
Newport & Cincinnati Bridge Co. bonds, 
Edison Elec. Light Co. gold trust certificates, 
Inf. Battalion, State Fencibles, N. G., Pa., b'ds 
United Traction Co. of Pittsburgh, Pa., bonds 
Federal St. & Pleasant Val. Pass. R'y Co. b'ds 
Electric & People's Traction Co. bonds, 
Philadelphia Electric bonds, 
Philadelphia Co., Pittsburgh, Pa., bonds, 
Erie Telegraph & Telephone Co. bonds, 
City of Springfield, 111., bonds, 
City of Sandusky, O., bonds, . 
City of Camden, N. J., bonds, . 
City of Quincy, 111., bonds, 
City of Columbus, O., bonds, . 
Borough of Sewickly, Pa., bonds, 
City of Dayton, O , bonds, 
Borough of Downington, Pa., bonds 
City of Lancaster, Pa., bonds, . 
County of Gloucester, N. J., bonds, 
County of Cameron, Pa., bonds, 
Delaware County, Pa., bonds, . 
Monongahela City, Pa., bonds, 

50 shares Independence National Bank, 

50 " First National Bank, 
100 " Southwark National Bank, 

25 " Penn. Co. for Insurance on Lives, 
500 " Minehill & Sch. Haven R.R. Co., 
125 " Phila., Wilm. & Baltimore R.R., 

50 " Continental Hotel Co., . 



Par Value. 

$25,000 00 

60,000 00 

20,000 00 

15,000 00 

25,000 00 

9,000 00 

45,000 00 

35,000 00 

25,000 00 

30,000 00 

2,500 00 

30,000 00 

10,000 00 

25,000 00 

25,000 00 

5,000 00 

20,000 00 

8,000 00 

35,000 00 

45,000 00 

19,000 00 

50,000 00 

22,000 00 

25,000 00 

9,000 00 

4,000 00 

42,000 00 

20,000 00 

75,000 00 

59,000 00 

5,000 00 

5,000 00 

5,000 00 

2,500 00 

25,000 00 

6,250 00 

5,000 00 



Market Value. 

$22,250 00 
62,200 00 
21,600 00 
17,700 00 
25,500 00 

9,450 00 
42,750 00 
36,750 00 
28,500 00 
33,000 00 

2,500 00 
35,100 00 
11,700 00 
25,000 00 
25,250 00 

5,500 00 
20,000 00 

8,320 00 
41,300 00 
45,800 00 
19,950 00 
51,000 00 
24,260 00 
29,300 00 

9,720 00 

4,120 00 
43,575 00 
21,600 00 
78,000 00 
60,770 00 

6,250 00 

8,500 00 

6,700 00 
12,500 00 
30,000 00 
10,625 00 

7,500 00 



$2,342,650 00 $2,493,062 00 



Securities held as collateral for cash loans : — 

800 shares Union Traction, .... 

100 " Reading Co., 

100 " American Sugar Refining Co., 

90 " Philadelphia Traction Co., 

100 " American Railways Co., . 

100 " Southern Railway Co., . 

100 " Bethlehem Steel Co 

100 " Electric Co. of America, . 



Market Value. Loaned Thereon. 

$29,200 00 

1,887 50 

14,650 00^ 

8,910 00 

3,300 00 

2,200 00 

1,900 00 

987 50 J 



f25,000 00 



} 25,000 00 



216 



FRANKLIN FIRE INSURANCE CO. 



Lehigh Valley R.R., 

United Co.'s of New Jersey R.R., 

15 shares 13th & 15th St. Pass. Railway Co., 



Market Value. Loaned Thereon. 

88,910 00 
2,190 00 
4,650 00 1,500 00 



$3,000 00 



$78,785 00 §54,500 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$232,500 00 

133,858 00 

2,150 37 

2,493,062 00 

54,500 00 

3,136 73 

92,722 80 

274 61 

71,594 79 



§3,083,799 30 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Dividends to stockholders, unpaid, . 
Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



Income 

Fire premiums outstanding Dec. 31, 1899 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 



§10,745 74 

26,473 68 

1,675 00 

$38,894 42 
1,770 26 

$37,124 16 

488,290 73 

1,051,609 33 

140 00 

12,348 85 



- 1,589,513 07 

. $1,494,286 23 
400,000 00 



§1,094,286 23 



£76,540 01 

626,277 70 

$702,817 71 

71,594 79 

§631,222 92 

125,730 89 



§505,492 03 






* Value of buildings, .... 
Amount of insurance held as collateral, 



8527,745 00 
•261,000 00 



FRANKLIN FIRE INSURANCE CO. 



217 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, . $9,515 31 

Gross cash income, 



$9,168 35 

111,895 01 

6,625 07 

1,315 50 



$634,495 96 



Expenditures. 

Cash paid for fire losses, $353,331 65 

Deduct salvage and reinsurance, . . . 35,160 02 

Net cash paid for fire losses, * 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for expenses on real estate, 

for incidentals, .... 

Deposits returned on perpetual fire risks, . $43,878 07 



$318,171 63 
80,005 00 
110,613 32 
36,361 67 
25,685 89 
3,119 01 
75,482 12 



Gross cash expenditures, 



$649,438 64 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $89,761,431 00 $956,440 13 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 



. 55,094,531 00 626,277 70 



$144,855,962 00 $1,582,717 83 
. 51,664,931 00 588,540 56 



.$93,191,031 00 $994,177 27 
. 5,392,243 00 57,391 88 



Net amount in force, .... $87,798,788 00 $936,785 39 
Perpetual risks in force (not incl'd above), . $52,706,916 00 $1,143,548 24 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (20 per cent), 
Company's stock owned by directors, .... 



$33,031,428 00 

17,422,618 00 

329,838 00 

5,834,000 00 

80,000 00 

19,500 00 



218 



GERMAN INSURANCE CO. 



"GERMAN INSURANCE COMPANY OF FREEPORT," 
FREEPORT, ILL. 

[Incorporated February, 1865. Commenced business October, 1866.] 

Paiivup Capital, $200,000. 

C. O. COLLMANN, President. WM. TREMBOR, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Atlantic, Iowa, water bonds, .... $2,000 00 $2,000 00 

Freeport, III., school bonds, .... 42,500 00 44,507 25 

Urbana, 111., city hall bonds, . . . 14,000 00 15,335 60 

Champaign, 111., improvement bonds, . . 2,000 00 2,048 00 

Elgin, 111., school bonds, 9,000 00 9,667 80 

Macon Co., 111., court house bonds, . . . 25,000 00 28,520 00 

Lake & Hyde Park, Cook Co., school bonds, . 1,000 00 1,105 80 

Oregon, 111., school bonds, .... 12,000 00 12,378 00 

Mt. Vernon, 111., school bonds, .... 12,000 00 12,861 60 

Monroe Co., 111., funding bonds, . . . 10,000 00 10,229 00 

Cicero, Cook Co., 111., funding bonds, . . 1,500 00 1,567 20 

East St. Louis, 111., school bonds, . . . 10,000 00 11,296 00 

Danville, 111., city sewer bonds, . . . 10,500 00 10,920 00 

Wheaton, 111., city bonds, 10,000 00 11,051 00 

Gilman, 111., school bonds, . . . . 5,500 00 6,149 55 

Danville Junction, 111., school bonds, . . 11,000 00 12,772 10 

Mt. Morris, 111., school bonds, .... 700 00 750 12 

Effingham, 111., city bonds, .... 2,500 00 2,557 75 

Mattoon, 111., township refunding bonds, . 6,000 00 6,715 20 

Eldorado, 111., school bonds, .... 4,000 00 4,388 40 

Pecatonica, 111., school bonds, .... 9,000 00 9,783 00 

Monmouth, 111., water bonds, .... 12,000 00 13,189 20 

Marshall Co., 111., school bonds, . . . 4,000 00 4,594 80 

Woodhull, 111., school bonds 4,400 00 4,502 08 

Marengo, 111., city bonds, 3,000 00 3,144 30 

Streator, 111., improvement bonds, . . . 550 54 55 

Blue Island, 111., village bonds, . . . 8,000 00 9,226 40 

Freeport, 111., Light & Fuel Co. bonds, . . 9,000 00 9,000 00 

Warren, 111., water bonds 6,000 00 6,577 20 

Carmi, 111., school bonds 6,000 00 6,477 60 

Potomac, 111., school bonds, .... 800 00 807 20 

Freeport, 111, General Electric Co. bonds, . 5,000 00 5,000 00 

Omaha, 111., school bonds, .... 3,000 00 3,389 40 

West Hammond, 111, school bonds, ... 400 00 407 56 

Greenville, 111, school bonds, .... 10,000 00 10,000 00 

Watseka, 111, school bonds, .... 5,000 00 5,203 00 

Amboy, 111, school bonds, .... 8,500 00 9,403 55 

Ogden, Champaign Co, 111, school bonds, . 2,500 00 2,628 75 

Kankakee, 111, improvement bonds, . . 16,000 00 17,428 80 



GERMAN INSURANCE CO. 



219 



Rockvale, 111., school bonds, 

Grossdale, 111 , bridge bonds, 

Orangeville, 111., village bonds, 

Davis, 111 , school bonds, . 

Quincy, 111., funding bonds, 

Anna, 111., school bonds, . 

Iroquois, 111., school bonds, 

Paxton, 111., school bonds, 

Evansville, Ind , school bonds, 

Drummer Tp., Ford Co., 111., funding bonds, 

Gifford, Champaign Co , 111., school bonds, 

Rock Island, 111., funding bonds, 

Charleston, 111., funding bonds, 

Muscatine, Iowa, school bonds, 

Des Moines, Iowa, school bonds, 

Bloomington, 111., school bonds, 

Evansville, Ind., funding bonds, 

Paw Paw, 111., school bonds, 

Meredosia, 111., drainage bonds, 

Maywood, 111., bonds, 

Pekin, 111 , refunding bonds, 

Normal, 111., water bonds, 

St. Charles, 111., school bonds, . 

Morris, 111., school bonds, . 

Oregon, 111., town refunding bonds, 

Momence, 111., town funding bonds, 

East Lincoln, 111., town funding bonds, 

White Co., 111., funding bonds, 

East St. Louis school bonds, 

Muscatine, Iowa, refunding bonds, . 

Lawrenceville, 111., city bonds, 

Cornell, 111., village bonds, 

Chicago Heights, 111., water bonds, . 

Pana, 111., Twp. funding bonds, 

Monmouth, 111., refunding bonds, 

DuQuoin, 111., refunding bonds, 

Hawthorne, Cook Co , III., school bonds, 

Jerseyville, 111 , refunding bonds, . 

Monroe, Wis., water bonds, 

United States government coupons, . 

Windsor, 111., town bonds, 

Bloom, Cook Co., 111., town bonds, . 

Council Bluffs, Iowa, refunding bonds, 

Elmwood, 111., refunding bonds, 

Piper City, 111., school bonds, . 

Georgia State bonds, 

Colchester, 111., school bonds, . 

Nunda, 111., water bonds, . 



Par Value. 
f 400. 00 

4,000 00 

1,500 00 

1,050 00 

26,000 .00 

6,500 00 

550 00 

10,000 00 

10,000 00 

5,000 00 

2,000 00 

15,000 00 

18,000 00 

10,000 00 

10,000 00 

10,000 00 

5,000 00 

2,000 00 

600 00 

7,000 00 

37,000 00 

20,000 00 

12,900 00 

7,500 00 

30,000 00 

15,000 00 

15,000 00 

10,000 00 

17,000 00 

25,000 00 

4,350 00 

1,600 00 

3,000 00 

29,000 00 

3,000 00 

3,000 00 

2,000 00 

11,000 00 

75,000 00 

500 00 

9,500 00 

10,000 00 

13,000 00 

8,500 00 

8,000 00 

10,000 00 

4,900 00 

6,000 00 



Market Value. 

$410 80 

4,443 60 

1,559 70 

1,057 45 

27,786 10 

6,611 15 

555 39 

10,397 00 

10,781 00 

5,579 50 

2,052 20 

16,425 00 

19,942 20 

10,140 00 

10,470 00 

10,445 00 

5,247 94 

2,086 00 

624 66 

7,490 00 

38,986 90 

22,464 00 

13,791 39 

7,674 75 

32,169 00 

16,144 50 

15,369 00 

10,935 00 

18,378 70 

28,105 00 

5,611 93 

1,683 52 

3,540 00 

29,930 90 

3,439 50 

3,492 00 

2,260 40 

11,294 80 

79,845 00 

550 00 

10,695 10 

10,000 00 

14,474 20 

8,838 30 

9,456 00 

10,975 00 

5,289 55 

6,000 00 



220 



GERMAN INSURANCE CO. 



Marshall, 111., water bonds, 

Carrollton, 111., water bonds, . 

C., B. & Q. R.R. bonds, . 

Chic., R. I. & P. R.R. bonds, . 

I. C. R.R. bonds, 

Chic., R. I. & P. bonds, . 

Elgin, Joliet & Eastern R'y bonds, 

C, M. & St. P. R'y bonds, 

C, B. & Q. R.R. bonds, . 

Chic. & Eastern Illinois R'y bonds, 

Chic. & Alton R'y bonds, . 

Minnehaha Nat'l B'k stock, Sioux Falls, 

First Nat'l B'k stock, Blue Hill, Neb., 

West'n Underwr's' Asso. Inc. stock, Chic 



S. D., 
, HI., 



Par Value. 

$9,000 00 

6,000 00 

20,000 00 

15,000 00 

50,000 00 

20,000 00 

10,000 00 

10,000 00 

20,000 00 

10,000 00 

20,000 00 

4,366 66 

5,000 00 

198,000 00 



Market Value. 

£10,050 30 

7,632 60 

21,050 00 

16,425 00 

53,917 50 

21,900 00 

11,100 00 

12,162 50 

22,325 00 

11,550 00 

17,200 00 

4,366 66 

5,000 00 

239,500 00 



Securities held as collateral for cash loans : - 

130 shares German Bank, Freeport, 111., . 
30 " Blue Valley Bank, Wilber, Neb., 
30 " First Nat'l Bank, Blue Hill, Neb., 

Real estate mortgages, .... 



§1,238,067 20 $1,357,812 44 



Market Value. Loaned Thereon, 

§15,600 00 $9,700 00 
3,000 00 
3,000 00 
1,400 00 600 00 



3,000 00 



$23,000 00 $13,300 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 



Liabilities. 



879,348 25 

1,558,980 15 

55,838 59 

1,357,812 44 

13,300 00 

268,466 83 

17,156 39 

302,621 16 

61,380 71 



63,714,904 52 
10,975 00 



$3,703,929 52 



$55,595 73 
50,027 18 
12,850 00 

§118,472 91 
17,168 35 

8101,304 56 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$4,173,0-25 00 

1.369,300 00 

707,065 00 



GERMAN INSURANCE CO. 



221 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Reinsurance. 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



. $2,028,938 02 

58,502 93 

50,937 31 

36 88 

. $2,239,719 70 

3,109 82 



$2,236,609 88 



Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



. $1,467,319 64 
200,000 00 



. $1,267,319 64 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Income from all other sources, 



$350,052 87 
7,509 74 

$342,543 13 
2,239,681 47 

$2,582,224 60 
364,001 87 

$2,218,222 73 
436,740 77 



sources, 



.,781,481 96 

91,100 48 

47,737 97 

2,469 64 

1,619 57 



Gross cash income, $1,924,409 62 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$1,011,080 78 
115,262 97 



$895,817 81 

60,000 00 

458,946 70 

93,674 82 

43,561 32 

165,611 98 



Gross cash expenditures, 



. $1,717,612 63 



222 



GERMAX ALLIANCE INSURANCE CO. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$264,313,926 00 83,635,806 51 
. 177,681,378 00 2,239,681 47 



Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$441, 995,304 00 $5,875,487 98 
. 138,281,035 00 1,876,288 .",1 



8303,714,269 00 $3,999,199 47 
. 8,406,895 00 127,695 08 



$295,307,374 00 $3,871,504 39 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (30 per cent.), 

Company's stock owned by directors, . 



$28,260,508 00 

13,952,918 00 

894,776 00 

1,009,665 00 

60,000 00 

78,750 00 



"GERMAN ALLIANCE INSURANCE COMPANY," 
NEW YORK, N. Y. 

[Incorporated Feb. S, 1S97. Commenced business Feb. S, 1897.] 

Paid-up Capital, $400,000. 

ADOLPH A. STROHN, President. CHARLES G. SMITH, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $236,500 00 $289,230 00 

New York city bonds, 100,000 00 105,000 00 

Atch., Topeka & Santa Fe R.R. bonds, . . 10,000 00 10,000 00 

Central R R. of New Jersey bonds, . . . 20,000 00 24,000 00 

Chic, Burl. & Quincy R.R. bonds, . . . 2,000 00 2,000 00 

Chic & Eastern Illinois bonds, . . . 25,000 00 32,500 00 

Chic, Mil. & St. Paul R'y bonds, . . . 15,000 00 27,000 00 

Edison Electric Illuminating Co. bonds, . . 10,000 00 11,000 00 

Missouri, Kansas & Texas R'y bonds, . . 25,000 00 22,500 00 

Second Avenue R.R. bonds, .... 25,000 00 27,500 00 

Utah & Northern R.R. bonds, .... 20,000 00 23,600 00 

Western Union Telegraph Co. bonds, . . 2,000 00 2,200 00 

50 shares Cent. Nat'l Bank, .... 5,000 00 8,500 00 

200 " Chic. & Northwestern R.R., . . 20,000 00 40,000 00 

300 " Chic, Mil. & St. Paul R.R., . . 30,000 00 51.000 00 

125 " Chic, Burl. & Quincy R.R., . . 12,500 00 16,250 00 

100 " Illinois Central R.R., . . . 10,000 00 12,000 00 



GERMAN ALLIANCE INSURANCE CO. 



223 







Par Value. 


Market Value. 


100 shares National Bank of Commerce, 


$10,000 00 


$30,000 00 


230 


■ N. Y. Cent. & Hudson Riv. R.R., 


23,000 00 


31,050 00 


100 « 


1 Northern Pacific R.R., . 


10,000 00 


8,000 00 


100 ' 


* Rensselaer & Saratoga R.R., 


10,000 00 


19,000 00 


1,540 


1 Pennsylvania R.R., 


77,000 00 


103,950 00 


200 


11 Union Pacific R.R., 


20,000 00 


15,000 00 



$718,000 00 $911,280 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross) , 

Gross assets, . . .' . 
Deduct special deposits in other States, . 



|911,280 00 
26,642 94 
77,313 17 



$1,015,236 11 
79,200 00 



Balance, $936,036 11 



Liabilities. 

Losses adjusted, unpaid, . . . . i . $25,135 33 

Losses claimed and reported, .... 19,642 00 

Unearned premiums on outstanding risks, . 202,620 29 

Due and accrued for rent, salaries, etc., . . 159 15 

Commissions and brokerage, .... 26,895 05 

Gross liabilities, except capital, . . $274,451 82 

Deduct liability on special deposits, . . 13,460 47 



Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 



260,991 35 

$675,044 76 
400,000 00 

$275,044 76 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $65,333 23 

Premiums on risks written or renewed, . . 348,478 69 

Total, $413,811 92 

Premiums now in course of collection, . . 77,313 17 

Entire premiums collected, .... $336,498 75 

Less reinsurance and return premiums, . . 60,374 78 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 



$276,123 97 
36,800 58 



Gross cash income, $312,924 55 



224 GERMAN-AMERICAN INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, $202,082 67 

Deduct salvage, 2,028 37 

Net cash paid for fire losses, .... $200,054 30 

Cash paid for commissions and brokerage, .... 61,276 95 
for salaries of officers and employees, . . . 1,800 00 

for State and local taxes, 19,920 89 

for incidentals, 42 15 



Gross cash expenditures, $283,094 29 

Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $45,067,175 00 $339,958 32 
Fire risks written during 1900, . . . 41,897,984 00 348,478 69 



Total, $86,965,159 00 $688,437 01 

Deduct risks expired and terminated, . . 35,071,438 00 293,640 92 



In force at end of year, $51,893,721 00 $394,796 09 

Miscellaneous. 

Premiums received from organization of company, . . $925,929 00 

Losses paid from organization of company, .... 499,337 00 

Fire losses incurred during the year, 188,895 00 

Company's stock owned by directors, 89,200 00 



« GERMAN-AMERICAN INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated March, 1872. Commenced business March 7, 1872.] 

Paid-up Capital, $1,000,000. 

WM. N. KREMER, President. CHARLES G. SMITH, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 






United States bonds, 

New York city bonds, .... 
New York city schools in Brooklyn bonds, 
Brooklyn city bonds, .... 

Boston, Mass., Rapid Transit loan, . 
St. Louis, Mo., bonds, .... 
Portland, Ore., water bonds, 
Albany & Susquehanna R.R. bonds, 
Atchison, Topeka & Santa Fe R'y bonds, 
Chicago & Alton R.R. Co. bonds, 



$1,055,000 00 § 1,202,100 00 

1,027,784 00 1,026,507 00 

50,000 00 52,500 00 

175,000 00 184,500 00 

50,000 00 52,500 00 

100,000 00 105,000 00 

50,000 00 50,000 00 

75,000 00 81,000 00 

50,000 00 47,500 00 

25,000 00 21,250 00 



GERMAN- AMERICAN INSURANCE CO. 



225 



Chicago, Rock Island & Pacific R R. bonds, 
Central R.R of New Jersey bonds, . 
Chicago, Mil. & St. Paul R.R. bonds, 
Chicago & Northwestern Railway bonds, 
Chicago, Burl. & Quincy R.R. bonds, 
Chicago & Eastern Illinois R.R. bonds, . 
Cleveland, C, C. & St Louis R.R. bonds, 

Erie Railway bonds, 

Hannibal & St. Joseph R.R. bonds, . 
Hocking Valley Railway Co. bonds, 
Little Miami R R. bonds, .... 
Louis. & Nash. & Mobile & Mont. R.R. bonds 
Louisville & Nashville R.R. bonds, . 
Minneapolis & St. Louis R.R. bonds, 
Montana Central R.R. bonds, . 
N. Y., New Haven & Hartford R.R. deb. certs. 
Nashville, Chattanooga & St. Louis R'y bonds 
N. Y., Lackawanna & Western R.R. bonds, 
N. Y., Susquehanna & Western R.R. bonds, 
N. Y., Chicago & St. Louis R.R. bonds, . 
Pennsylvania Co. bonds, .... 
St. Paul, Minn. & Manitoba R'y bonds, . 
St. Lawrence & Adirondack R.R. Co. bonds, 
Utah & Northern R.R. bonds, . 
West Shore R'y Co. bonds, 
Allegheny Street Railway bonds, 
Columbus & Ninth Avenue R.R. bonds, . 
Lexington Avenue & Pavonia Ferry R'y bonds 
Minneapolis L. & M. Street Railway bonds, 
Metropolitan St. Railway bonds, 
N. Y. Gas & Elec. Light, Heat & P. Co. b'ds, 
34th St. Crosstown Railway bonds, . 
Troy (N. Y.) City Railway Co. bonds, 
Edison Electric Illuminating Co. of N. Y. b'ds 
Western Union Telegraph Co. bonds, 
Standard Gas Light Co. bonds, 

100 shares Albany & Susquehanna R.R 
1,000 " Cayuga & Susquehanna R.R., 

600 " Chic, Burlington & Quincy R.R. 
1,400 " Chic, Mil. & St. Paul R.R., . 
650 " Chicago & Northwestern R.R., 
400 " Cleveland, C, C. & St. Louis R.R., 
300 " Delaware & Hudson Canal Co., 
200 " Detroit, Hills. & Southwest. R.R 
495 " Great Northern R.R., . 
1,000 " Hocking Valley Railway Co., 
400 " Illinois Central R.R., . 
100 " Minneapolis & St, Louis R.R., 



Par Value. 

$100,000 00 
65,000 00 

130,000 00 

191,000 00 
50,000 00 
25,000 00 
50,000 00 

150,000 00 
25,000 00 
10,000 00 
25,000 00 

100,000 00 
23,000 00 
20,000 00 
25,000 00 
20,000 00 
25,000 00 

100,000 00 
50,000 00 
45,000 00 
80,000 00 
96,000 00 
25,000 00 
10,000 00 
50,000 00 
25,000 00 
25,000 00 
25,000 00 
25,000 00 
35,000 00 
25,000 00 
50,000 00 
25,000 00 
35,000 00 
25,000 00 
25,000 00 
10,000 00 
30,000 00 
60,000 00 

140,000 00 
65,000 00 
40,000 00 
30,000 00 
20,000 00 
49,500 00 

100,000 00 
40,000 00 
10,000 00 



Market Value. 

$112,500 00 
74,750 00 

164,200 00 

212,060 00 
52,500 00 
32,500 00 
50,000 00 

202,500 00 
28,750 00 
10,000 00 
27,500 00 

105,000 00 
26,450 00 
21,300 00 
32,500 00 
35,000 00 
25,000 00 

130,000 00 
53,250 00 
48,150 00 
86,400 00 

120,140 00 
27,500 00 
11,800 00 
53,500 00 
25,000 00 
29,250 00 
29,250 00 
25,000 00 
40,600 00 
22,500 00 
55,000 00 
26,250 00 
40,250 00 
27,500 00 
26,250 00 
19,500 00 
58,500 00 
78,000 00 

238,000 00 

130,000 00 
40,000 00 
37,500 00 
20,000 00 
86,625 00 
65,000 00 
48,000 00 
10,000 00 



226 



GERMAN-AMERICAN INSURANCE CO. 



1 ,200 shares 


2,633 


M 


390 


II 


200 


II 


1,000 


t< 


2,805 


(1 


500 


(t 


1,000 


II 


400 


II 


100 


(i 


400 


II 


90 


<« 


300 


II 


400 


II 


221 


(I 


800 


II 


600 


II 



Morris & Essex R.R., . 
New York & Harlem R.R., . 
N. Y., N. H. & Hartford R.R., 
N. Y., Lackawanna & West'n R.R, 
Northern Pacific Railway Co., 
Pennsylvania R.R., 
Rensselaer & Saratoga R.R., 
Union Pacific Railroad, 
Pullman Co., 

American Exchange Nat'l Bank, 
Central National Bank, 
Merchants' National Bank, . 
National Bank of Commerce, 
Fourth National Bank, . 
German-American Bank, 
Consolidated Gas Co., . 
Standard Oil Co., . 



Par Value. 

$60,000 00 

131,650 00 

39,000 00 

20,000 00 

100,000 00 

140,250 00 

50,000 00 

100,000 00 

40,000 00 

10,000 00 

40,000 00 

4,500 00 

30,000 00 

40,000 00 

16,575 00 

80,000 00 

60,000 00 



Market Value. 

} 108,000 00 

493,687 00 

74,100 00 

25,000 00 

80,000 00 

189,337 00 

95,000 00 

75,000 00 

72,000 00 

17,000 00 

68,000 00 

7,200 00 

90,000 00 

70,000 00 

19,061 00 

144,000 00 

330,000 00 



$6,024,259 00 $7,701,467 00 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $15,000 00 
Loans on mortgage of real estate (first liens *), 13,000 00 

Interest due or accrued thereon, . . . 173 00 

Stocks and bonds, as per schedule, . . . 7,701,467 00 
Cash in the office of the company, . . . 9,599 34 

Cash deposited in bank, 350,805 01 

Premiums in course of collection (gross), . 586,236 99 
Prem's more than three mos. due, $34,280 29 

Gross assets,f 

Deduct special deposits in other States, 



Balance, 



$8,676,281 34 
138,600 00 

$8,537,681 34 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 



$ 169,939 00 

241,677 00 

41,863 00 

$453,479 00 
81,596 00 

$371,883 00 

2,742,697 52 

17,173 66 

115,284 62 



* Value of lands mortgaged, 8,000 00 

Value of buildings thereon, f 14,000 00 

Amount of insurance held as collateral, .... 13,000 00 

t Including $500,000 special reserve fund held under New York law. 



GERMAN- AMERICAN INSURANCE CO. 



227 



Return premiums, .... 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, ..... 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Gross cash income, .... 



Expenditures. 

Cash paid for fire losses, $2,494,665 51 

Deduct salvage and reinsurance, . . . 782,208 68 

Net cash paid for fire losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 






$2,072 26 

159,458 58 

2,338 69 

$3,410,908 33 
82,518 77 



$3,328,389 56 

. $5,209,291 78 
. 1,000,000 00 



$4,209,291 78 



$527,849 41 
1,589 88 

$526,259 53 
4,731,936 23 

$5,258,195 76 
620,517 28 

$4,637,678 48 
1,642,490 40 



sources, 



- $2,995,188 08 

2,234 45 

310,613 16 

. $3,308,035 69 



Gross cash expenditures, . 

Risks and Premiums. 



$1,712,456 83 
300,000 00 
482,068 07 
209,502 70 
98,730 82 
326,777 77 

$3,129,536 19 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



Premiums. 

$720,917,823 00 $5,841,188 49 
529,306,767 00 4,731,936 23 



$1,250,224,590 00$10,573,124 72 
456,724,930 00 4,050,183 76 



$793,499,660 00 $6,522,940 96 
142,112,746 00 1,050,483 90 



$651,386,914 00 $5,472,457 06 



228 



GERMAN FIRE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (30 per cent.), 
Company's stock owned by directors, 



$57,374,653 00 

30,647,452 00 

1,745,321 00 

4,690,000 00 

300,000 00 

139,100 00 



"GERMAN FIRE INSURANCE COMPANY OF THE CITY OF 
PITTSBURGH," PITTSBURGH, PA. 

[Incorporated March 27, 1862. Commenced business July, 1862.] 

Paid-up Capital, $200,000. 

A. E. SUCCOP, President. A. H. ECKERT, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

102 shares German Nat'l Bank, Pittsburgh, . $10,200 00 $ 23,970 00 

50 " Third Nat'l Bank, Pitts., . . . 5,000 00 7,500 00 

100 " Exchange Nat'l Bank, Pitts , . . 5,000 00 9,000 00 

100 " Allegheny Nat'l Bank, Pitts., . . 5,000 00 9,000 00 

43 " M. & M. National Bank, Pitts., . 2,150 00 6,020 00 

3 " Metropolitan Nat'l Bank, Pitts., . 300 00 400 00 

10 " Fifth Avenue Bank, Pitts., . . 500 00 450 00 

100 " First National Bank, Allegheny, . 10,000 00 13,500 00 

45 " Second National Bank, Allegheny, 4,500 00 13,500 00 

Aleppo township school bonds, . . . 1,600 00 1,840 00 

Millvale & Etna Traction Co. bonds, . . 11,500 00 12,995 00 

Pitts. & Birm. Traction Co. bonds, . . . 8,000 00 9,040 00 



Securities held as collateral for cash loans 



50 shares United States Glass Co., . 

100 " Pittsburgh Brewing Co., . 

45 " Westinghouse Air Brake Co., 

30 " Diamond National Bank, 

200 " Chartiers Valley Water Co., 

60 " Pittsburgh Brewing Co , 

25 " Pitts. & Birming. Traction Co 

252 " United States Glass Co., . 

15 " Union Trust Co., 

20 " City Deposit Bank, . 



$63,750 00 $107,215 00 



Market Value. Loaned Thereon. 

$1,650 00>| 
4,500 00 I 

8,100 00 \ $21,050 00 
9,000 00 ' 



4,400 00 
2,700 00 
1,125 00 
8,316 00 
5,400 00 
2,500 00 



J 



2,600 00 
5,000 00 
5,000 00 



?47,691 00 ?33,650 00 



GERMAN FIRE INSURANCE CO. 



229 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Bill receivable (secured), 

Gross assets, 

Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
State and local taxes, .... 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Gross cash income, .... 



$2,200 00 

255,405 00 

5,003 29 

107,215 00 

33,650 00 

39,561 91 

343 50 

66,337 21 

1,765 00 



$8,721 49 
6,631 50 

$15,352 99 
2,416 41 

$12,936 58 

215,351 02 

320 35 

750 00 

11,056 21 

5,053 80 



$48,709 96 
332,918 28 

$381,628 24 
66,337 21 

$315,291 03 
73,179 61 



sources, 



$511,480 91 



245,467 96 

$266,012 95 
200,000 00 

$66,012 95 



$242,111 42 

15,846 95 

6,690 63 

194 79 

341 30 

$265,185 09 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$351,S00 00 
364,450 00 
249,400 00 



230 



GERMANIA FIRE INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$198,837 31 
16,001 04 



Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$33,411,255 
. 29,439,089 



$62,850,344 
25,655,491 



.f37,194,853 
. 1,685,966 



$182,836 27 
20,000 00 
66,902 34 
10,796 56 
7,208 18 
21,044 96 

$308,788 31 



Premiums. 

00 $368,209 70 
00 332,918 28 



00 $701,127 98 
00 270,377 65 



00 $430,750 33 
00 19,918 40 



. $35,508,887 00 $410,831 93 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$5,950,703 00 

2,928,774 00 

173,554 00 

738,000 00 

20,000 00 

25,250 00 



••GERMANIA FIRE INSURANCE COMPANY," NEW YORK, X. Y. 

[Incorporated March 2, 1859. Commenced business March 2, 1859.] 

Paid-up Capital, $1,000,000. 

HUGO SCHUMANN, President. CHARLES RUYKHAVER, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, 1550,000 00 $575,000 00 

Baltimore & Ohio R.R. Co. bonds, . . . 56,000 00 54,500 00 

Brooklyn Union Elevated R.R. Co. bonds, . ' 15,000 00 14,550 00 

Chesapeake & Ohio R'y Co. bonds, . . . 30,000 00 31,800 00 

Chic, Rock Isl. & Pacific R.R. bonds, . . 25,000 00 33,000 00 

Chicago & Northwestern R'y Co. bonds, . . 36,000 00 43,560 00 

Cleve., Col., Cin. & Ind. R.R. Co. bonds, . . 25,000 00 33,000 00 

Denver & Rio Grande R.R. Co. bonds, . 35,000 00 35,000 00 

Dry Dock, E. B'way & Battery R.R. Co. bonds, 10,000 00 11,500 00 

Edison Electric Ilium. Co. bonds, . . . 25,000 00 27,000 00 



GERMANIA FIRE INSURANCE CO. 



231 



Fargo & Southern R'y Co. bonds, . 
Flint & Pere Marquette R.R. Co. bonds, . 
Georgia State bonds, .... 
East Tenn., Va. & Ga. R'y Co. bonds, 
Kentucky Cent. R'y Co. bonds, 
Lehigh Valley R'y Co. of N. Y. bonds, , 
Long Island R.R. Co. bonds, . 
Michigan Central R.R. Co. bonds, . 
Milwaukee & Northern R.R. Co. bonds, , 
Mississippi State bonds, . . . 
Missouri Pacific R'y Co. bonds, 
N. Y., Brooklyn & Man. Beach R'y Co. bonds 
New York city bonds, .... 
N. Y. Cent. & Hudson River R.R. Co. bonds, 
Pennsylvania Co. bonds, .... 
Pittsburg & Western R'y Co. bonds, 
Richmond city bonds, .... 
Rome, Watertown & Ogdens. R.R. Co. bonds 
St. Paul, Minn. & Manitoba R'y Co. bonds, 
St. Paul & Northern Pacific R.R. Co. bonds, 
Tenn. Coal, Iron & R.R. Co. bonds, . 
Third Avenue R.R. Co. bonds, . 
Toledo & Ohio Central R'y Co. bonds, 
Western N. Y. & Pa. R.R. Co. bonds, 
Wheeling & Lake Erie R'y Co. stock, 
Broadway & 7th Ave. R.R. Co. stock, 
Brooklyn Union Elevated R.R. Co. stock, 
Chic , Mil. & St. Paul R'y Co. stock, 
Chicago, Burl. & Quincy R.R. Co. stock, 
Consolidated Gas Co. stock, 
Del , Lack. & Western R.R. Co. stock, 
German American Bank stock, 
Great Northern Railway Co. stock, . 
Illinois Central R.R. Co. stock, 
National Park Bank stock, 
N. Y. Cent. & Hudson R. R.R. Co. stock, 
Pennsylvania R.R. Co. stock, . 
Pullman Palace Car Co. stock,. 
Union Pacific R.R. Co. stock, . 
Western Union Telegraph Co. stock, 



Par Value. 

$20,000 00 

25,000 00 

25,000 00 

25,000 00 

25,000 00 

25,000 00 

15,000 00 

20,000 00 

25,000 00 

20,000 00 

25,000 00 

25,000 00 

500,000 00 

50,000 00 

50,000 00 

25,000 00 

52,100 00 

35,000 00 

25,000 00 

16,000 00 

25,000 00 

25,000 00 

35,000 00 

25,000 00 

11,200 00 

40,000 00 

3,000 00 

65,000 00 

50,000 00 

56,200 00 

60,000 00 

9,375 00 

70,000 00 

100,000 00 

5,000 00 

100,000 00 

110,000 00 

100,000 00 

80,000 00 

60,000 00 



Market Value. 

$27,200 00 

26,500 00 

26,000 00 

29,250 00 

24,500 00 

27,500 00 

18,150 00 

25,000 00 

29,250 00 

20,000 00 

29,750 00 

26,750 00 

526,000 00 

48,000 00 

57,500 00 

25,000 00 

53,663 00 

44,100 00 

28,750 00 

20,800 00 

27,500 00 

31,500 00 

39,200 00 

30,000 00 

5,235 00 

94,000 00 

900 00 

93,000 00 

69,000 00 

105,656 00 

111,600 00 

11,250 00 

130,900 00 

128,000 00 

21,500 00 

140,000 00 

154,000 00 

200,000 00 

65,600 00 

49,200 00 



$2,864,875 00 f3,480,614 CO 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $686,824 27 
Loans on mortgage of real estate (first liens *), 378,500 00 

* Value of lands mortgaged, $247,500 00 

Value of buildings thereon, 421,500 00 

Amount of insurance held as collateral, .... 3S!),500 00 



232 



GEKMANIA FIKE INSURANCE CO. 



Interest due or accrued thereon, 

Stocks and bonds, as per schedule, 

Cash in the office of the company, 

Cash deposited in bank, . 

Interest due and accrued, . 

Premiums in course of collection (gross), 

Cash in hands of department managers, . 

Rents, 

Prem's more than three mos. due, $2,183 25 

Gross assets 

Deduct special deposits in other States, 



Balance, 



$8,903 75 

3,480,614 00 

4,356 76 

160,170 55 

1,250 00 

227,204 07 

13,862 06 

2,115 02 



$4,963,800 48 
79,663 00 

$4,884,137 48 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, . 
Paid-up capital, 



$50,478 60 

51,213 89 

9,181 00 

$110,873 49 
29,301 88 

$81,571 61 

1,563,778 00 

42,475 49 

2,948 42 

$1,690,773 52 
32,043 22 



1,658,730 30 



. $3,225,407 18 
. 1,000,000 00 



Surplus over capital, 



$2,225,407 18 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total 

Premiums now in course of collection, . 



Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



$235,573 75 
1,690,660 88 

$1,926,234 63 
229,387 32 

$1,696,847 31 
501,266 79 



$1,195,580 52 

17,389 48 

142,607 24 

$1,355,577 24 



GIRARD FIRE AND MARINE INSURANCE CO. 



233 



Expenditures. 

Cash paid for fire losses, $803,642 93 

Deduct salvage and reinsurance, . . . 152,489 71 

Net cash paid for fire losses, .... 

Cash dividends paid, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



Gross cash expenditures, 



651,153 22 
150,000 00 
236,401 49 
137,606 05 
49,700 32 
78,978 02 

. $1,303,839 10 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$402,859,714 00 $3,157,191 42 
.216,550,810 00 1,690,660 88 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$619,410,554 00 $4,847,852 30 
.213,153,422 00 1,635,403 09 



$406,257,132 00 $3,212,449 21 
. 19,417,890 00 146,577 15 



$386,839,242 00 $3,065,872 06 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (15 per cent.), 
Company's stock owned by directors, . 



$35,453,730 00 

17,670,472 00 

643,281 00 

3,341,000 00 

150,000 00 

196,200 00 



"GIRARD FIRE AND MARINE INSURANCE COMPANY,' 1 
PHILADELPHIA, PA. 

[Incorporated March 26, 1853. Commenced business May 2, 1853.] 

Paid-up Capital, $300,000. 

ALFRED S. GILLETT, President. EDWIN P. MERRILL, Secretary. 



Detailed Statement of Stocks and Bonds. 



United States bonds, 
City of Louisville, Ky , bonds, . 
County of St. Louis, Mo., park bonds, 
City of Seattle, Wash., bonds, . 
Borough of Ridley Park, Penn., bonds, 



Par Value. 

$65,000 00 

10,000 00 

10,000 00 

50,000 00 

4,000 00 



Market Value. 

$76,700 00 

10,800 00 

11,100 00 

54,000 00 

4,480 00 



234 



GIRARD FIRE AND MARINE INSURANCE CO. 



Wadena, Minn., school bonds, . 

State of Georgia bonds, . 

City of Camden, N. J., bonds, . 

City of Duluth, Minn., bonds, . 

Norfolk & Western R.R. bonds, 

Connecting R.R. bonds, . 

Pennsylvania R.R, bonds, . 

Philadelphia, Wil. & Bait. R.R. bonds, 

Pitts., Cin., Chic. & St. Louis R.R. bonds, 

Delaware Railroad bonds, 

North Pennsylvania R.R. bonds, 

Lehigh Valley R.R. bonds, 

Lynn & Boston R.R. bonds, 

Phila. & Reading R.R. Co. bonds, 

Schuylkill Valley Traction Co. bonds, 

Fort Pitt Traction Co., Pittsburgh, bonds 

Ohio & Little Kanawha Railroad bonds, 

Lower Merion Gas Co. bonds, . 

Hutchinson Water, Light & Power Co. bonds 

Northwestern Gas Light & Coke Co. bonds, 

Hudson River Gas & Electric Co. bonds, . 

Glens Falls Gas & Electric Light Co. bonds, 

Western Gas Co. bonds, .... 

Consolidated Gas Co. of Pittsburgh, Pa., bonds 

Hamilton Real Estate Co. bonds, 

Phila. & Darby Passenger Railway Co. stock, 

Pennsylvania Railroad Co. stock, 

Lehigh Valley Railroad Co. stock, . 

Lehigh Coal & Navigation Co. stock, 

Philadelphia Traction Co. stock, 

Penn. Salt Manufacturing Co. stock, 

Continental Title & Trust Co. stock, 

Philadelphia Bourse stock, 

Girard Fire & Marine Tns. Co. stock, $44,863 00 



Securities held as collateral for cash loans : — 



Par Value. 

$5,000 00 

25,000 00 

20,000 00 

15,000 00 

15,000 00 

9,000 00 

10,000 00 

70,000 00 

10,000 00 

6,000 00 

5,000 00 

20,000 00 

25,000 00 

50,000 00 

10,000 00 

10,000 00 

1,200 00 

8,000 00 

6,000 00 

10,000 00 

20,000 00 

10,000 00 

25,000 00 

10,000 00 

11,600 00 

2,250 00 

16,500 00 

15,000 00 

5,000 00 

10,000 00 

10,000 00 

2,500 00 

1,500 00 



Market Value. 
$5,000 00 

27,000 00 

23,000 00 

16,500 00 

15,000 00 

9,517 50 

12,400 00 

75,600 00 

11,700 00 

6,720 00 

5,350 00 

20,800 00 

28,687 50 

62,500 00 

10,000 00 

11,775 00 

1,050 00 

8,240 00 

6,000 00 

10,000 00 

21,000 00 

10,000 00 

26,875 00 

11,400 00 

11,600 00 

1,800 00 

24,255 0O 

8,700 00 

6,300 00 

19,800 00 

24,600 00 

3,500 00 

360 00 



Morto-ao'es assigned, . 

Loaned on company's own stock, 



$ 608,550 00 $694,110 00 



Market Value. Loaned Thereon. 

$161,500 00 $93,780 00 



$2,000 00 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $382,000 00 

Loans on mortgage of real estate (first liens *), 634,700 00 
Interest due or accrued thereon, . . . 10,165 58 

* Value of lands mortgaged $1,514,962 00 

Value of buildings thereon, 550,115 00 

Amount of insurance held as collateral, .... 292,50000 



GIRARD FIRE AND MARINE INSURANCE CO. 



235 



Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Perpetual premiums in course of collection, 
Rents due and accrued, .... 
Reinsurance due on losses paid, 
Gross assets, . 



$694,110 00 

93,780 00 

2,528 31 

59,158 84 

11,478 68 

83,691 56 

12,004 50 

473 17 

853 72 



$1,984,944 36 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 

Miscellaneous, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



f23,369 23 
2,575 00 

$25,944 23 
2,760 86 

$23,183 37 

404,393 01 

624,610 07 

1,408 37 

18,912 06 

19,690 69 

4,094 42 

10,188 38 



1,106,480 87 

$878,463 99 

300,000 00 

$578,463 99 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Profit and loss, 

All other, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



$81,065 68 
524,666 28 

$605,731 96 
83,691 56 

$522,040 40 
130,309 50 



sources, 



$28,540 53 



$391,730 90 

39,918 40 

34,973130 

13,648 87 

7,948 93 

879 50 



$489,099 90 



236 



GLENS FALLS INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expense on real estate, 

for incidentals, 



1300,863 56 
48,182 81 



Deposits returned on perpetual fire risks, 



$252,680 75 

63.000 00 
97,181 08 
58,195 17 

25.001 59 
7,790 95 

50,028 84 



$22,968 79 



Gross cash expenditures, $553,878 38 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Perpetual risks in force (not incl'd above), 



. $88,660,684 00 

. 51,773,827 00 

$140,434,511 00 

. 49,642,104 00 

. $90,792,407 00 

. 7,273,642 00 

.$83,518,765 00 

. $32,383,448 00 



Premiums. 

$843,551 63 
524,666 28 

$1,368,217 91 
502,847 18 

$865,370 73 
78,181 79 

$787,188 94 

$694,011 19 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (21 per cent.), 
Company's stock owned by directors, .... 



$14,671,941 00 
5,792,508 00 
278,626 00 
2,071,194 00 
63,000 00 
37,500 00 



*< GLENS FALLS INSURANCE COMPANY," GLENS FALLS, N. Y. 

[Incorporated May, 1849. Commenced business May, 1S50.] 

Paid-up Capital, $200,000. 

J. L. CUNNINGHAM, President. R. A. LITTLE, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, f 58,000 00 $75,540 00 

N. Y. Central & Hudson River R.R. bonds, . 200,000 00 220,000 00 

Syracuse, Bing. & New York R.R. bonds, . 53,000 00 62,540 00 

Morris & Essex R.R. bonds, .... 50,000 00 68,500 00 



GLENS FALLS INSURANCE CO. 



237 



West Shore R.R. bonds, . 

Union Pacific R.R. bonds, . 

Baltimore & Ohio R.R. bonds, . 

Hudson River Pulp & Paper Co. bonds, 

Gould Paper Co. bonds, . 

German Trust Co., Davenport, la., bonds 

Glens Falls Paper Mills Co. bonds, . 

Georgia State bonds, 

Richmond city bonds, 

Pendleton City, Ore., bonds, 

Cleveland Trust Co. stock, 

Mt. Kisco National Bank stock, 

Glens Falls National Bank stock, 

Saratoga Springs bonds, . 

First National Bank, Glens Falls, stock, 

International Loan & Trust Co. bonds, 

First Nat'l Bank, Saratoga Springs, stock, 



Securities held as collateral for cash loans 
Morris & Essex R.R. bonds, 



Par Value. 

$50,000 00 

50,000 00 

50,000 00 

320,000 00 

400,000 00 

71,743 20 

120,000 00 

25,000 00 

11,000 00 

50,000 00 

5,000 00 

5,000 00 

2,500 00 

5,000 00 

10,000 00 

63,922 05 

2,000 00 



Market Value. 

$54,000 00 

50,000 00 

50,000 00 

320,000 00 

400,000 00 

71,743 20 

120,000 00 

25,000 00 

11,000 00 

55,900 00 

6,000 00 

5,000 00 

5,000 00 

5,000 00 

20,000 00 

63,922 05 

4,000 00 



$1,602,165 25 $1,693,145 25 

Market Value. Loaned Thereon. 

$4,110 00 $4,000 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 

Gross assets,* 

Deduct special deposits in other States, . 



Balance, $3,344,899 05 



$62,700 00 

1,120,386 66 

6,841 99 

1,693,145 25 

4,000 00 

3,944 92 

419,432 15 

6,583 33 

118,841 91 

922 84 



$3,436,799 05 
91,900 00 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 


Liabilities. 


$25,120 16 

28,684 00 

6,723 60 


Total amount of losses, 
Less reinsurance, 


$60,527 76 
9,963 48 


Net amount of unpaid losses, 


$50,564 28 



* Including $200,000 special reserve held under New York laws. 



238 



GLENS FALLS INSURANCE CO. 



Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 

Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



|931,093 40 
10,000 00 
18,051 28 
10,133 01 

$1,019,841 97 
21,730 17 



$998,111 80 

$2,346,787 25 

2< 0,000 00 

$2,146,787 25 



$97,463 18 
1,034,936 68 



Total, $ 1,132,399 86 

Premiums now in course of collection, . . 121,028 45 



. fl,011,371 41 
173,278 43 



Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$838,092 98 

7U-87 44 

107,099 04 

2.M1 41 



Gross cash income, $1,018,290 87 



Expenditures. 

Cash paid for fire losses, $504,853 53 

Deduct salvage and reinsurance, . . . 52,779 50 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



Gross cash expenditures, . 



$452,074 03 
60,000 00 
189,674 41 
64,138 17 
59,171 40 
66,008 66 

$891,066 67 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$181,506,339 00 $1,894,294 71 
97,089,269 00 l,u34,936 68 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$278,595,608 00 $2,929,231 39 
91,113,341 00 964,456 74 



$187,482,267 00 $1,964,774 65 
11,101,505 00 145,730 24 



$176,380,762 00 $1,819,044 41 



GRANITE STATE FIRE INSURANCE CO. 



239 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (30 per cent.), 
Company's stock owned by directors, 



$19,117,611 00 
9,211,648 00 
461,122 00 
900,000 00 
60,000 00 
69,680 00 



"GRANITE STATE FIRE INSURANCE COMPANY," 
PORTSMOUTH, N. H. 

[Incorporated July 17, 1885. Commenced business Nov. 12, 1885.] 
Paid-tjp Capital, $200,000. 
FRANK JONES, President. ALFRED F. HOWARD, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

State of Massachusetts bonds $20,000 00 $23,000 00 

Boston, Mass., bonds, 20,000 00 22,170 00 

Quincy, Mass., bonds, 6,000 00 7,087 50 

Maiden, Mass., bonds, ( 17,000 00 18,926 50 

Taunton, Mass., bonds, ' 8,000 00 8,987 20 

Newton, Mass , bonds, 9,000 00 10,722 60 

Manchester, N. H., bonds, .... 100,000 00 105,620 00 

Portsmouth, N. H., bonds, .... 10,000 00 11,094 05 

Dover, N. H., bonds, 10,000 00 10,789 00 

Nashua. N. H., bonds, 10,000 00 11,061 40 

Concord, N. H., bonds, 1,000 00 1,142 80 

Laconia, N. H., bonds, 10,000 00 11,534 80 

Pittsfield, N. H., bonds, 2,500 00 2,724 00 

Peterborough, N. H., bonds, .... 4,000 00 4,320 40 

Newport, N. H., bonds, 5,000 00 5,000 00 

Hillsborough County, N. H., bonds, . . 10,000 00 11,382 00 

Coos County, N. H., bonds, .... 5,000 00 5,000 00 

Rockingham County, N. H., bonds, . . . 10,000 00 10,698 80 

Columbia County, Wash., bonds, . . . 8,000 00 8,000 00 

Burlington, Vt., bonds, 5,000 00 5,591 00 

Concord & Montreal R.R. bonds, . . . 10,000 00 11,175 00 

Boston & Lowell R.R. bonds, .... 10,000 00 10,947 00 

Fitchburg R.R. bonds, 5,000 00 5,686 00 

Emporia Electric & Gas Light Co. bonds, . 2,000 00 2,000 00 

Chippewa Falls Water Works Co. bonds, . 10,500 00 10,500 00 

Water, L. & P. Co., St. Cloud, Minn , bonds, . 10,000 00 10,000 00 

New Hampshire Trust Co. bonds, . . . 7,800 00 5,460 00 

Eastman Freight Car Heater Co. bonds, . . 26,000 00 26,000 00 



240 



GRANITE STATE FIRE INSURANCE CO. 



Nashua Card & Glazed Paper Co. bonds, 
123 shares Boston & Maine R.R., 
133 " Dover Gas Light Co., 

50 " Wolf. Loan & Banking Co., 

51 " Wor., Nashua & Roch. R.R., 
35 " Concord & Montreal R.R., 



Par Value. 

85,000 00 
12,000 00 
3,325 00 
5,000 00 
5,100 00 
3,500 00 



Market Value. 

$5,000 00 

23,985 00 

3,325 00 

5,000 00 

6,885 00 

7,000 00 



$385,725 00 $427,815 05 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Reinsurance due on losses paid, 
Prem's more than three mos. due, §281 63 
Gross assets, 



$31,900 00 

13,600 00 

164 72 

427,815 05 

2,879 67 

29,371 27 

1,842 21 

56,383 07 

71 28 



$564,027 27 



Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$8,466 46 

20,479 37 

600 00 

§29,545 83 

1,725 99 

§27,819 84 

220,050 66 

1,093 54 

8,651 84 

10,534 02 



Surplus over capital, . 



268,149 90 

§295.877 37 
200,000 00 

$95,877 37 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$12,400 00 
21,700 00 
10,400 00 



GRANITE STATE FIRE INSURANCE CO. 



241 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Profit on sale of bonds and stocks, . 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, $240,900 62 

Deduct salvage and reinsurance, . . . 42,499 95 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rent and incidentals, . 

Gross cash expenditures, . 

Risks and Premiums. 



$45,112 18 
281 63 

844,830 55 
412,886 94 

$457,717 49 
56,383 07 

$401,334 42 
111,110 37 



sources, 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $45,581,811 00 
. 32,5165,242 00 

. $78,147,053 00 
. 29,698,954 00 

. $48,448,099 00 
. 13,157,101 00 



$290,224 05 

657 61 

16,473 21 

1,616 00 

1,356 52 

$310,327 39 



$198,400 67 
12,000 00 
54,035 24 
11,380 00 
8,569 36 
25,548 03 

$309,933 30 

Premiums. 

$540,283 39 
412,886 94 

$953,170 33 
378,755 72 

$574,414 61 
158,449 05 



. $35,290,998 00 $415,965 56 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$6,783,563 00 

3,097,842 00 

234,743 00 

132,000 00 

12,000 00 

106,200 00 



242 



THE GREENWICH INSURANCE CO. 



" THE GREENWICH INSURANCE COMPANY," NEW YORK, X. Y. 

[Incorporated May 5, 1834. Commenced business Jan. 1, 1S35.] 

Paid-up Capital, $200,000. 

MASON A. STONE, President. WALTER B. WARD, Ass't Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, $46,500 00 

District of Columbia bonds, .... 125,000 00 

Harlem River & Portchester Railroad bonds, . 10,000 00 

Albany & Susquehanna R.R. bonds, . . 80,000 00 

The Oswego & Syracuse R.R. bonds, . . 53,000 00 

The Central of Georgia R'y Co. bonds, . . 25,000 00 

Consolidated Gas Co. of N. Y. stock, . . 125,000 00 

Rensselaer Saratoga R.R. Co. stock, . . 60,000 00 

The Valley R.R. Co. stock, .... 35,000 00 

National Broadway Bank stock, . . . 17,500 00 

Delaware & Hudson Canal Co. stock, . . 60,000 00 

N. Y., Lackawanna & Western R.R. Co. stock, 25,000 00 

Chicago & Northwestern R'y Co. stock, . . 30,000 00 

Chicago, Milwaukee & St. Paul R'y Co. stock, 50,000 00 

Morris & Essex R.R. Co. stock, . . . 5,000 00 

Great Northern R'y Co. stock, .... 66,000 00 



Market Value. 

$49,290 00 

156,250 00 

10,800 00 

90,400 00 

62,010 00 

26,500 00 

243,750 00 

120,000 00 

46,200 00 

42,000 00 

79,800 00 

33,250 00 

65,400 00 

94,000 00 

9,400 00 

125,400 00 



$813,000 00 $1,254,450 qq 



Summary of Assets Dec 31, 1900. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for fire, marine and inland risks, 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $20,506 03 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $1,869,124 91 



$300,000 00 

1,254,450 00 

15,616 95 

12,945 28 

293,575 56 

8,991 07 

4,746 05 



$1,890,324 91 
21,200 00 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 



$9,666 29 

167,138 78 

7,775 00 

$184,580 07 
12,866 bb 

$171,713 52 



THE GREENWICH INSURANCE CO. 



243 



Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Due for borrowed money, 
State and local taxes, 
Commissions and brokerage, . 
Return premiums and reinsurance, 
Reinsurance disallowed, . 
Miscellaneous, . . . . 

Gross liabilities, except capital, 
"Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 

Income 

Fire premiums outstanding Dec. 31, 1899 
Same not collected, . . . 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash marine premiums received, 
Interest and dividends received from all 
Income from rents 



Gross cash income, 



.,173,529 04 

931 50 

117,000 00 

5,000 00 

50,000 00 

20,124 75 

9,216 79 

1,913 74 

[,549,429 34 
19,764 34 



$1,529,665 00 

$339,459 91 
200,000 00 

$139,459 91 



$222,470 40 
28,051 98 

$ 194,418 42 
1,785,380 36 

$ 1,979,798 78 
295,354 45 

$1,684,444 33 

397.635 96 

$17,526 13 
347 48 

$17,178 65 

206.636 98 

$223,815 63 
18,727 14 

$205,088 49 
26,894 47 



$1,286,808 37 



sources, 



178,194 02 
45,429 71 
16,125 00 



. $1,526,557 10 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 



$876,629 62 
137,379 87 



$739,249 75 



244 



THE GREENWICH INSURANCE CO. 



Cash paid for marine and inland losses, . . $105,221 13 
Deduct salvage and reinsurance, . . . 15,269 90 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for repairs on real estate, 

for incidentals, ..... 



$89,951 23 
20,000 00 

287,248 20 

133,764 17 

23,910 48 

470 16 

228,317 84 



Gross cash expenditures, . 



. $1,522,911 83 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . $263,037,812 00 $1,684,496 57 
Fire risks written during 1900, . . 211,775,301 00 1,785,380 36 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Perpetual risks in force (incl'd above) , 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$474,813,113 00 $3,469,876 93 
164,428,586 00 1,223,500 79 



$310,384,527 00 $2,246,376 14 
29,559,597 00 242,701 91 



$280,824,930 00 $2,003,674 23 

$50,000 00 $1,035 00 

. $2,090,204 00 $69,405 29 

. 53,118,216 00 206,636 98 



$55,208,420 00 $276,042 27 
52,510,241 00 173,868 22 



$2,698,179 00 $102,174 05 
27,167 00 1,368 36 



$2,671,012 00 $100,805 69 



Miscellaneous. 

Premiums received from organization of company, , 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$21,981,823 00 

13,422,022 00 

758,917 00 

98,649 00 

2,188,000 00 

20,000 00 

103,575 00 



HANOVER FIRE INSURANCE CO. 



245 



"HANOVER FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated April, 1852. Commenced business April, 1852.] 

Paid-up Capital, $1,000,000. 

CHARLES A. SHAW, President. JOSEPH McCORD, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

State of Georgia bonds, .... 
Richmond, Va., city bonds, 
Flint & Pere Marquette R.R. Co. bonds, . 
Cent. R.R. Co. of New Jersey bonds, 
Chic, Mil. & St. Paul R'y Co. bonds, 
Pennsylvania Co. bonds, .... 
Flint & Pere Marquette R.R. Co. bonds, . 
N. Y., New Haven & Hart. R.R. Co. cert's, 
Cin., Ind., St. Louis & Chic. R'y Co. bonds, 
Brooklyn City R.R. bonds, 
Lehigh Valley Terminal Co. bonds, 
Atch., Topeka & Santa Fe R.R. Co. bonds, 
Erie Railroad Co. bonds, .... 
N. Y., Sus., & Western R.R. Co. bonds, . 
Chic, Ind. & Louisville R'y Co. bonds, . 
Colum. & Ninth Ave. (N. Y.) R.R. Co. bonds, 
N. Y. city additional water stock, 
N. Y. city dock bonds, .... 

100 shares Rensselaer & Saratoga R.R. Co., 

340 

230 

400 

500 
1,150 

495 

350 ' 

191 ' 

500 ' 
2,860 ' 

450 ' 

500 ' 

500 ' 

220 ' 

350 ' 

400 ' 

700 ' 

150 ' 

7 ' 

60 ' 



Rome, Wat'n & Ogden. R.R. Co. 
Chic, Burl. & Quincy R.R. Co., 
Chic, R. Isl. & Pac R'y Co., 
Chic & Northwestern R'y Co., 
N. Y. Cent. & H. R. R.R. Co., 
The Great Northern Railway Co. 
Chic. & Northwestern R'y Co., 
Syr., Bing. & N. Y. R.R. Co., • 
CI., Cin., Chic & St. L. R'y Co., 
Pennsylvania R.R. Co., 
Chic,. Mil. & St. Paul R'y Co., 
Beech Creek R.R. Co., . 
Union Pacific R.R. Co., 
Illinois Central R.R. Co., 
Pitts., Ft. W. & Chic R'y Co., 
Erie & Pitts. R.R. Co., . 
Pitts., McK. & Yough. R.R. Co., 
Morris & Essex R.R. Co., . 
Chic, Ind. & Louis. R'y Co., 
Phil., Wil. & Bait. R.R. Co., . 



and Bonds. 

Par Value. 

$148,000 00 
15,000 00 
50,000 00 
30,000 00 
60,000 00 
20,000 00 
36,000 00 
30,000 00 
25,000 00 
25,000 00 
25,000 00 
20,000 00 
25,000 00 
50,000 00 
25,000 00 
15,000 00 
10,000 00 

100,000 00 
75,000 00 
10,000 00 
34,000 00 
23,000 00 
40,000 00 
50,000 00 

115,000 00 
49,500 00 
35,000 00 
19,100 00 
50,000 00 

143,000 00 

45,000 00 

25,000 00 

50,000 00 

22,000 00 

35,000 00 

20,000 00 

35,000 00 

7,500 00 

700 00 

3,000 00 



Market Value. 

$190,840 00 
16,800 00 
59,000 00 
37,500 00 
77,550 00 
23,637 50 
41,760 00 
32,100 00 
48,875 00 
26,375 00 
28,750 00 
22,600 00 
25,750 00 
49,500 00 
28,000 00 
18,000 00 
12,500 00 

101,000 00 
75,000 00 
20,500 00 
46,240 00 
33,005 00 
48,800 00 
86,500 00 

167,181 25 
93,555 00 
77,000 00 
30,560 00 
59,000 00 

213,070 00 
85,050 00 
26,250 00 
42,500 00 
23,100 00 
66,500 00 
32,600 00 
50,750 00 
14,400 00 
437 50 
4,980 00 



246 



HANOVER FIRE INSURANCE CO. 



550 shares Northern Pacific Railway Co., 
75 " Met. National Bank, 

150 " American Exch. Nat'l Bank," . 
75 " The Bank of America, . 



Par Value. 

$55,000 00 

7,500 00 

15,000 00 

7,500 00 



Market Value. 

$48,812 50 

75 00 

29,550 00 

35,625 00 



$1,680,800 00 $2,251,578 75 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens *), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Rents due and accrued, .... 

Reinsurance due on losses paid, 

Prem's more than three mos. due, $7,440 73 

Gross assets, . . . * . 
Deduct special deposits in other States, . 



Balance, 



£450,000 00 

3,500 00 

14 58 

2,251,578 75 

53,978 74 

83,099 57 

15,672 50 

291,550 74 

1,443 33 

8,938 83 



$3,159,777 04 
70,200 00 

$3,089,577 04 



Liabilities. 
Losses adjusted, unpaid, -. 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Paid-up capital, .... 



$132,867 86 

161,660 16 

19,847 20 

$314,375 22 
71,431 54 

$242,943 68 

1,336,095 87 

51,473 34 

51,362 40 

612 16 

$1,682,487 45 
33,162 79 



1,649,324 66 



. $1,440,252 38 
. 1,000,000 00 



Surplus over capital, $440,252 38 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$'2,500 00 
5,000 00 
3,500 00 



HANOVER FIRE INSURANCE CO. 



247 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 
Income from all other sources, 



Gross cash income, 



$271,590 81 
4,386 67 

$267,204 14 
2,340,886 63 

$2,608,090 77 
298,991 47 

$2,309,099 30 
588,502 04 



other sources, 



$1,720,597 26 

175 00 

89,158 85 

11,575 23 

24,139 09 

$1,845,645 43 



Expenditures. 

Cash paid for fire losses, ..... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$1,311,853 59 
200,040 85 



Gross cash expenditures, 



$1,111,812 74 
100,000 00 
345,859 22 
141,944 23 
61,837 45 
153,203 02 

$1,914,656 66 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$252,263,107 00 $2,642,342 20 
. 228,988,190 00 2,340,886 63 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$481,251,297 00 $4,983,228 83 
. 192,083,906 00 2,042,356 60 



$289,167,391 00 $2,940,872 23 
. 35,569,449 00 345,392 75 



$253,597,942 00 $2,595,479 48 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$36,449,391 00 

21,046,144 00 

1,178,024 00 

2,929,500 00 

100,000 00 

205,500 00 



248 



HARTFORD FIRE INSURANCE CO. 



"HARTFORD FIRE INSURANCE COMPANY," HARTFORD, CONN. 

[Incorporated May, 1810. Commenced business August, 1810.] 

Paid-up Capital, $1,250,000. 

GEORGE L. CHASE, President. P. C ROYCE, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

MtridL National Bank, Hartford, . $31,500 00 $58,275 00 

American National Bank, Hart., . 15,000 00 21,750 00 

Charter Oak National Bank, Hart., 20,000 00 20,000 00 

City Bank, Hart., .... 16,600 00 19,256 00 

Conn. River Banking Co., Hart., . 3,000 00 4,500 00 

Conn. Trust & Safe Dep. Co., Hart., 30,400 00 68,400 00 

Farm. & Mechan. N'l B'k, Hart., . 12,200 00 14,884 00 

First National Bank, Hart., . . 17,200 00 21,500 00 

Hartford National Bank, Hart., . 55,600 00 77,840 00 

National Exchange Bank, Hart., . 2,000 00 2,570 00 

Phoenix National Bank, Hart., . 46,700 00 58,375 00 

State Bank, Hart., . . . 10,000 00 12,500 00 

Amer. Exchange N'l B'k, N. Y., . 20,000 00 39,400 00 

Bank of America, N. Y., . . 15,000 00 71,250 00 

Bank of North America, N. Y., . 10,000 00 20,500 00 

Imp. & Trad. Nat'l Bank, N. Y., . 30,000 00 157,500 00 

Manhattan Co. Bank, N. Y., . . 10,000 00 27,000 00 

Merchants' National Bank, N. Y., 16,700 00 30,060 00 

National B'k of Commerce, N. Y., 10,000 00 32,500 00 

Atlantic National Bank, Boston, . 3,900 00 4,504 50 

Blackstone Nat'l Bank, Boston, . 7,000 00 1,400 00 

Boylston Nat'l Bank, Boston, . 12,500 00 13,125 00 

First National Bank, Boston, . 10,000 00 18,100 00 

Hide & Leather Nat'l B'k, Boston, 2,400 00 2,592 00 

Nat'l Bank of Commerce, Boston, 3,200 00 3,520 00 

Second National Bank, Boston, . 10,900 00 19,184 00 

First National Bank, Albany, . 5,000 00 6,500 00 

Bank of Montreal, Montreal, . 30,000 00 78,000 00 

Ontario Bank, Bowmanville, . 4,333 33 5,373 33 

Chic, Burl. & Quincy R.R. Co., . 71,000 00 100,820 00 

Chic, Mil. & St. Paul R.R. Co., . 77,000 00 126,370 00 

Chic. & Northwestern R.R. Co., . 105,000 00 188,387 50 

Chic, Rock Is. & Pac R.R. Co., . 24,200 00 -28,919 00 

Conn. & Passumpsic Riv. R.R. Co., 100,000 00 105,000 00 

Connecticut River R.R. Co., . . 12,000 00 3,000 00 

Connecticut River R.R. Co., . . 2,000 00 5,600 00 

N. Y. Central & Hud. Riv. R.R. Co., 57,500 00 81,650 00 

N. Y., N. H. & Hart. R.R. Co., . 187,500 00 397,500 00 

Northwestern Telegraph Co., . 25,000 00 31,250 00 






HARTFORD FIRE INSURANCE CO. 



249 



200 shares Union Pacific R.R. Co., . 

500 " N. Y., Lack. & Western R.R. Co., 

30 " Union Pacific R.R., . 
Albany & Susquehanna R.R. bonds, 
Alabama State bonds, .... 
Brooklyn Wharf & Warehouse Co. bonds, 
Baltimore & Ohio R.R. bonds, . 
Belt R.R. & Stock Yards of Indianapolis bonds 
Canadian Pacific R.R. bonds, . 
Chesapeake & Ohio R.R. bonds, 
Chicago & Western Indiana R.R. bonds, . 
Chicago & Northwestern R.R. bonds, 
Chicago, Burlington & Quincy R.R. bonds, 
Chicago & Great Western R.R. bonds, 
Chicago, Milwaukee & St. Paul R.R. bonds, 
Chicago & Erie R.R. bonds, 
Cin., Ind'polis, St. Louis & Chic. R.R. bonds, 
Cincinnati, Hamilton & Dayton R.R. bonds, 
City of Toronto debenture bonds, . 
Clev., Cin., Chicago & St. Louis R.R. bonds, 
Clev., Columbus, Cin. & Ind'polis R.R. bonds 
Connecticut River Railroad bonds, . 
Central R.R. of New Jersey bonds, . 
Dayton & Michigan R.R. bonds, 
Detroit, Grand Rapids & Western R.R. bonds 
Easton & Amboy R.R. bonds, . 
Georgia State bonds, .... 
Harlem River & Port Chester R.R. bonds, 
Hartford Street Railway Co. bonds, 
Indianapolis & Vincennes R.R. bonds, 
Iowa Falls & Sioux City R.R. bonds, 
Jefferson R.R. bonds, .... 
Lehigh Valley R.R. bonds, 
Lehigh Valley R.R. of N. Y. bonds, 
Minneapolis Union R.R. bonds, 
Montreal corporation bonds, 
Milwaukee, Lake Shore & West. R.R. bonds, 
Northern Pacific R.R. bonds, . 
N. Y. Central & Hudson River R.R. bonds, 
N. Y. & New England R.R. bonds, . 
N. Y., New Haven & Hartford R.R. certificates 
Philadelphia & Reading R.R. bonds, 
Port Reading R.R. bonds, .... 
Richmond, Va., city bonds, 
St. Paul & Northern Pacific R.R. bonds, . 
St. Louis & San Francisco R.R. bonds, 
St. Louis Southern R.R. bonds, 
Southern Pacific R.R. of California bonds, 



Par Value. 
$20,000 00 

50,000 00 

3,000 00 

50,000 00 

10,000 00 

150,000 00 

50,000 00 

84,000 00 

48,666 00 

75,000 00 

400,000 00 

142,000 00 

61,600 00 

43,000 00 

100,000 00 

100,000 00 

119,000 00 

55,000 00 

39,906 66 

270,000 00 

8,000 00 

1,000 00 

250,000 00 

60,000 00 

41,000 00 

150,000 00 

25,000 00 

50,000 00 

100,000 00 

78,000 00 

100,000 00 

100,000 00 

250,000 00 

150,000 00 

50,000 00 

62,500 00 

50,000 00 

80,000 00 

50,000 00 

50,000 00 

75,000 00 

75,000 00 

50,000 00 

52,500 00 

86,000 00 

100,000 00 

50,000 00 

100,000 00 



Market Value. 

$15,700 00 

67,000 00 

2,527 50 

56,500 00 

11,100 00 

105,000 00 

50,500 00 

96,600 00 

55,965 90 

90,750 00 

476,100 00 

159,110 00 

70,290 00 

46,440 00 

127,000 00 

121,000 00 

129,710 00 

64,075 00 

40,704 79 

273,500 00 

10,800 00 

1,000 00 

322,500 00 

67,800 00 

39,770 00 

169,500 00 

26,500 00 

56,000 00 

104,000 00 

92,820 00 

135,000 00 

105,000 00 

289,000 00 

167,250 00 

64,000 00 

67,500 00 

63,000 00 

84,600 00 

53,000 00 

57,250 00 

146,250 00 

93,375 00 

54,500 00 

55,387 50 

112,660 00 

113,750 00 

52,000 00 

109,000 00 



250 



HARTFORD FIRE INSURANCE CO. 



Terminal Railway Asso. of St. Louis bonds, 

Topeka, Kan., bonds, 

Union Pacific R.R. bonds,. 

Utah & Northern R.R. bonds, 

United States of Mexico bonds, 

West Shore R.R. bonds, . 



Par Value. 

$75,000 00 

3,000 00 

50,000 00 

50,000 00 

109,013 33 

100,000 00 



Market Value. 

$86,250 00 

3,000 00 

53,750 00 

60,000 00 

109,013 33 

115,000 00 



$5,674,519 32 $7,178,654 35 



Securities held as collateral for cash loans : — 

30 shares Chicago & Northwestern R.R. Co., . 

64 " Billings & Spencer Co., . 

90 " Pennsylvania R.R. Co 



Market Value. 

$6,360 00 
2,048 00 
6,480 00 



Loaned Thereon. 

$3,800 00 
1,000 00 
3,000 00 



$14,888 00 $7,800 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Rents due and accrued, .... 
Reinsurance due on losses paid, 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



$801,500 00 

857,700 00 

24,892 19 

7,178,654 35 

7,800 00 

128,251 82 

730,818 30 

53 33 

1,506,703 41 

1,469 69 

8,626 23 



-$11,246,469 32 
336,191 50 

$10,910,277 82 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 



$232,622 44 

367,659 82 

54,866 14 

5,483,063 67 
205,005 51 
140,000 00 

$6,483,217 58 
233,179 05 



6,250,038 53 

. $4,660,239 29 
. 1,250,000 00 



. $3,410,239 29 



* Value of property mortgaged, . 
Amount of insurance held as collateral, 



$•2,273,950 00 
6S4, 700 00 



HARTFORD FIRE INSURANCE CO. 



251 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Income from all other sources, 



Gross cash income, 



Expenditures 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employe 
for State and local taxes, 
for incidentals, 



Gross cash expenditures, 



$1,278,824 35 
9,173,794 59 

$10,452,618 94 
1,506,703 41 

$8,945,915 53 
2,212,758 22 



sources, 



$6,733,157 31 

56,432 16 

301,979 87 

13,325 44 

4,992 34 

$7,109,887 12 



$4,838,431 25 
641,017 47 



es, 



$4,197,413 78 
400,000 00 
1,179,897 29 
496,465 93 
221,328 42 
637,177 90 

$7,132,283 32 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$936,652,392 00 $10,496,472 15 
777,262,712 00 9,173,794 59 



Total, . . 
Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$1,713,915,104 00 $19,670,266 74 
733,463,672 00 8,626,704 41 



$980,451,432 00 $11,043,562 33 
6,934,705 00 76,120 75 



$973,516,727 00 $10,967,441 58 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (32 per cent.), 
Company's stock owned by directors, .... 



$113,959,825 00 
67,795,849 00 
4,196,978 00 
9,938,100 00 
400,000 00 
180,900 00 



252 



HOME INSURANCE CO. 



» HOME INSURANCE COMPANY," NEW YORK, X 

[Incorporated April, 1853. Commenced business April 13, 1853.] 

Paid-up Capital, $3,000,000. 

JOHN H. WASHBURN, j nce . Presidents . A. M. BURTIS, I 

ELBRIDGE G. SNOW, ) WM. H. CHKNJ. 



Detailed Statement of Stocks 



District of Columbia bonds, 

United States bonds, . 

New York city bonds, 

City of Richmond, Va., bonds, 

State of Georgia bonds, . 

N. Y., Chic. & St. Louis R.R. Co. bonds, 

Ohio & West Virginia R'y Co. bonds, 

Cleve., Col., Cin. & Ind. R.R. bonds, 

Louis., New Albany & Chic. R 1 y bonds, 

West Shore R'y bonds, 

Jeffer., Mad. & Ind. R.R. Co. bonds, 

Chic, St. Paul, Minn. & Oma. R'y Co. bonds, 

Virginia Midland R'y Co. bonds, 

Cleve. Term. & Valley R.R. Co. bonds, 

Louis., Hend. & St. Louis R'y Co. bonds, 

Standard Gas Light Co. bonds, 

Des Moines Water Works Co. bonds, 

Denver Union Water Co. bonds, 

10,000 shares Pennsylvania R.R. Co., 

5,000 ' 

3,000 ' 

3,000 ' 

3,000 ' 

2,650 ' 

2,500 ' 

5,000 

2,500 ' 

2,000 

1,500 

1,000 

1,000 

1,000 

1,000 

1,000 

1,000 

1,000 

1,000 

1,000 

1,000 
400 
200 



Co., 



Morris & Essex R.R. Co., 
Baltimore & Ohio R.R. Co., 
Southern R'y Co., 
Louisville & Nash. R'y Co., 
United N. J. R.R. & C'l Co 
Pitts., Ft. W. & Chic. R'y, 
Chic, Mil. & St. P'l R'y Co 
Chic, Burl. & Quincy R.R. 
Northern Pacific R'y Co., 
Cleve. & Pitts. R.R. Co., 
Ch., St. P., M. & O. R'y Co 
Ft. Wayne & Jack. R.R. Co 
Renssel. & Saratoga R.R., 
Conn. River R.R. Co., . 
Chic & Northwes'n R'y Co 
Northern R.R. of N. J., 
Valley R.R. Co., . 
N. Y, N. H. & H. R.R. Co., 
Atch., Top. & S. F. R'y Co., 
Union Pacific R R. Co., 
National Broadway Bank, . 
Amer. Exch. N'l Bank of N. Y., 



and Bonds. 

Par Value. 

1,000,000 00 ?1 

600,000 00 

600,000 00 

50,000 00 

25,000 00 

112,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

58,000 00 

50,000 00 

50,000 00 

50,000 00 

25,000 00 

50,000 00 

50,000 00 

48,000 00 

500,000 00 

250,000 00 

300,000 00 

300,000 00 

300,000 00 

265,000 00 

250,000 00 

500,000 00 

250,000 00 

200,000 00 

75,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

100,000 00 

10,000 00 

20,000 00 



. Y. 



Secretaries. 



Market Value. 

,230,000 00 

828,000 00 

600,000 00 

57,500 00 

26,000 00 

119,840 00 

120,000 00 

130,000 00 

116,000 00 

113,000 00 

65,540 00 

65,000 00 

55,000 00 

47,500 00 

25,000 00 

56,500 00 

45,000 00 

43,200 00 

725,000 00 

470,000 00 

255,000 00 

210,000 00 

255,000 00 

720,800 00 

465,000 00 

812,500 00 

350,000 00 

170,000 00 

138,750 00 

170,000 00 

145,000 00 

198,000 00 

270,000 00 

200,000 00 

95,000 00 

130,000 00 

210,000 00 

85,000 00 

80,000 00 

23,000 00 

38,000 00 






HOME INSURANCE CO. 



253 



200 shares Mercantile Nat'l Bank of N. Y., 

200 " National B*k of Com. in N. Y., 

200 " Fourth National Bank of N. Y., 

200 " Manhattan Company, N. Y., . 

200 " Merch. Ex. N'l B'k of N. Y., . 

200 " Nassau Bank, .... 

200 " Chatham Nat'l Bank of N. Y., 

200 " N'l Butch. & Drov. B'k of N. Y., 

100 " Bank of America, N. Y., . 

100 " N'l B'k of the Repub. of N. Y., 

200 " Franklin Tr. Co., Brooklyn, . 

50 " Metropolitan Trust Co., . 

100 " Long Island Loan & Trust Co., 

Securities held as collateral for cash loans 

Des Moines & Ft. Dodge R.R. bonds, 
460 shares National Bank of North America, 
358 " Ga. R R. & Banking Co., 
50 " National Bank of Commerce, 

5 " Continental National Bank, 
100 " Western Union Telegraph Co 
Indiana, Illinois & Iowa R.R. bonds, 
St. Louis & San Francisco R.R. bonds, 
Burl., Cedar Rapids & Northern R.R. bonds, 
75 shares The Rio Grande Western R'y Co., 
50 " The Union Bag & Paper Co., . 
700 " Nat'l Bank of the Republic, N. Y. 
Indiana, Decatur & Western R.R. bonds, . 
Northern Pacific R'y Co. bonds, 
Western N. Y. & Pennsylvania R.R. bonds, 
Cleve., Cin., Chic. & St. Louis R.R. bonds, 
Minneapolis & St. Louis R.R. bonds, 
N. Y., Brook. & Manhattan Beach R.R. bonds 
Long Island City & Flushing R.R. bonds, 
Minneapolis & St. Louis R.R. bonds, 
N. Y., Brook. & Manhattan Beach R.R. bonds 



Par Value. 

$ 20,000 00 

20,000 00 

20,000 00 

10,000 00 

10,000 00 

10,000 00 

5,000 00 

5,000 00 

10,000 00 

10,000 00 

20,000 00 

5,000 00 

10,000 00 



Market Value. 

$44,000 00 

60,000 00 

34,000 00 

26,000 00 

12,000 00 

17,000 00 

15,000 00 

4,250 00 

46,000 00 

22,000 00 

55,000 00 

20,000 00 

24,000 00 



$7,543,000 00 $ 10,338,380 00 



Market Value. 

$47,300 00 
92,000 00 
82,340 00 
15,000 00 
675 00 
8,450 00 
6,480 00 n 
2,000 00 i 
2,360 00 ) 
7,125 00 ) 
3,625 00 S 

154,000 00 
2,080 00 s 
3,150 00 | 
2,440 00 J. 
2,000 00 I 
1,940 00 J 
5,400 00 ) 
1,070 00 S 
1,940 00 
1,080 00 



Loaned Thereon. 

$25,000 00 

50,000 00 

35,000 00 

5,500 00 

575 00 

6,500 00 

6,500 00 

5,000 00 
100,000 00 



8,000 00 



5,000 00 

1,500 00 
800 00 



$442,455 00 $249,375 00 



Summary of Assets Dec. 31, 1900.* 

Cash value of unencumbered real estate, . $1,718,265 81 
Loans on mortgage of real estate (first liens f), 160,400 00 

* The company holds also instalment premium notes to the amount of $866,746.70, which 
do not enter into or form any part of the assets of the company, as no portion of them is 
earned. Whatever value is attached to them would necessarily be counterbalanced by 
the addition of an amount exactly equal to the reinsurance liability, the entire sum con- 
sisting of " unearned premiums." 

t Value of lands mortgaged, $207,450 00 

Value of buildings thereon 166,750 00 

Amount of insurance held as collateral, .... 153,200 00 



254 



HOME INSURANCE CO. 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire, marine and inland risks, 
Prem's more than three mos. due, $6,542 82 

Gross assets, 

Deduct special deposits in other States, . 



$3,471 87 

10,338,880 00 

249,375 00 

514,815 89 

44,192 67 

997,434 26 

496 72 



Balance, 



-f 14,026,832 22 
145,000 00 

$13,881,832 22 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



$127,725 37 

744,223 96 

47,350 71 

$919,300 04 
389,981 23 

$529,318 81 

4,715,898 00 

44,170 13 

220,720 75 

18 33 

$5,510,126 02 
127,314 66 



5,382,811 36 



Surplus as regards policy holders, 
Paid-up capital, .... 



. $8,499,020 86 
. 3,000,000 00 



Surplus over capital, $5,499,020 86 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 



$937,557 07 
7,118,740 23 

$8,056,297 30 
908,729 04 

$7,147,568 26 
2,556,490 71 



$4,591,077 55 



HOME INSURANCE CO. 



255 



Marine premiums outstanding Dec. 31, 1899, . $90,832 46 
Premiums on risks written or renewed, . . 527,964 03 

Total, $618,796 49 

Premiums now in course of collection, . . 95,248 04 

Entire premiums collected, .... $523,548 45 
Less reinsurance and return premiums, . . 264,709 12 

Net cash marine premiums received, . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



Gross cash income, .... 

Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . . . . - 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, .... 

for expense on real estate, 

for incidentals, 

Gross cash expenditures, . 

Risks and Premiums. 



$258,839 33 

10,695 44 

382,783 32 

166,773 25 

$5,410,168 89 



$3,598,038 25 
1,059,901 42 

$325,937 42 
150,970 12 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$1,010,248,104 00 
804,810,239 00 

$1,815,058,343 00 
729,201,046 00 

$1,085,857,297 00 
167,967,353 00 



!,538,136 83 



174,967 30 

300,000 00 

869,200 63 

419,159 23 

164,126 76 

56,679 96 

58,501 68 

370,950 18 

$4,951,722 57 

Premiums. 

$9,097,657 00 
7,118,740 23 

>16,216,397 23 
6,269,647 23 

$9,946,750 00 
1,139,238 00 



$917,889,944 00 $8,807,512 00 

$18,501,346 00 $443,005 00 

. 82,976,503 00 527,964 03 

$101,477,849 00 $970,969 03 

. 82,026,143 00 430,777 03 

$19,451,706 00 $540,192 00 

. 6,283,131 00 172,940 00 

$13,168,575 00 $367,252 00 



256 



HOME FIRE AND MARINE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, 



8133,822,730 00 

79,347,276 00 

2,637,922 00 

202,994 00 

11,215,000 00 

300,000 00 

166,700 00 



"HOME FIRE AND MARINE INSURANCE COMPANY OF 

CALIFORNIA," SAN FRANCISCO, CAL. 

[Incorporated September, 1864. Commenced business 1864.] 

Paid-up Capital, $300,000. 

WM. J. DUTTON, President. STEPHEN D. IVES, Secretary. 



Detailed Statement of Stocks 



Dalles City (Ore.) Water Co. bonds, 

Market St. Railway Co. bonds, 

Oakland Gas Light & Heat Co. bonds, 

Stockton Gas & Electric Co. bonds, . 

The Omnibus Cable Co. bonds, 

San Francisco & North Pacific R.R. Co. bonds 

Spring Valley Water Works bonds, 

Sunset Telephone & Telegraph Co. bonds, 

San Fran. & San Joaquin Valley R'y Co. b'ds 

Northern Railway Co. of Cal. bonds, 

Presidio & Ferries R.R. bonds, . 

The Southern Pacific R.R. Co. of Arizona b'ds 

Northern California Railway Co. bonds, . 

Los Angeles Railway Co. bonds, 

Sunset Telephone & Telegraph Co. bonds, 

American Hawaiian S. S. Co. bonds, 

50 shares Far. & Merch. Sav. B'k, Oak., Cal 

14 ' 
200 ' 

20 ' 
490 ■ 
270 ' 



' Bank of California, San Francisco 
' Oak. Gas Light & H. Co., Oak., Cal. 
1 First National Bank, San Francisco 
4 San Fran. G. & Elec. Co., San Fran. 
1 Market St. R 1 y Co., San Francisco, 
1 share South San Francisco Dock Co., 
100 shares San Jose Water Co., San Jose, Cal 
150 " Spring Valley W. Works, San Fran 
64 " California St. Cable R.R. Co., . 
34 " Anglo-Cal.B'k.lim., San Fran., Cal. 
100 " Presidio & Ferries R.R. Co., . 
100 " Contra Costa Water Co. of Oakland 



and Bonds. 

Par Value. 

$10,000 00 

44,000 00 

9,000 00 

5,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

25,000 00 

10,000 00 

11,000 00 

5,000 00 

5,000 00 

7,000 00 

10,000 00 

10,000 00 

5,000 00 

1,400 00 

14,000 00 

2,000 00 

49,000 00 

13,500 00 

1,000 00 

10,000 00 

15,000 00 

3,840 00 

1,700 00 

5,500 00 

10,000 00 



Market Value. 

$11,100 00 

53,900 00 

9,990 00 

5,050 00 

12,800 00 

11,500 00 

5,700 00 

12,000 00 

30,000 00 

11,400 00 

11,110 00 

5,675 00 

5,500 00 

7,805 00 

10,700 00 

10,000 00 

6,000 00 

5.740 00 

9,800 00 

6,200 00 

22,295 00 

18,833 00 

500 00 

10,000 00 

13,987 00 

8,288 00 

2,550 00 

2,000 00 

7,100 00 



$317,940 00 $327,523 00 



HOME FIRE AND MARINE INSURANCE CO. 



257 



Securities held as collateral for cash loans : — 

600 shares Sutter St. R.R. Co., .... 

400 " Watsonville Water & Light Co., . 
25 " Bank of Hay wards, Hay wards, Cal., 
10 " Oak., San Lean. & Hay. E. R.R. Co., 
20 " Cal. Title Ins. & Trust Co., San Fran, 



Market Value. Loaned Thereon. 



$60,000 00 

16,000 00 

1,250 00 

450 00 

1,600 00 



$33,000 00 
10,000 00 

1,500 00 
1,000 00 



879,300 00 $45,500 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens*), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, .... 

Deduct special deposits in other States, . 



$234,250 00 

239,919 00 

3,821 45 

327,523 00 

45,500 00 

1,510 95 

76,832 26 

202 50 

108,156 23 



$1,037,715 39 
51,100 00 



Balance, $986,615 39 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance disallowed, . 
Miscellaneous, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



$1,779 54 
36,632 67 

$38,412 21 
3,921 90 

$34,490 31 

365,954 47 

15,371 10 

1,753 06 

1,103 30 

$418,672 24 
19,473 28 



399,198 96 



Surplus as regards policy holders, $587,416 43 

Paid-up capital, 300,000 00 

Surplus over capital, $287,416 43 

* Value of lands mortgaged $503,225 00 

Value of buildings thereon 169,200 00 

Amount of insurance held as collateral, . . . . 110,850 00 



258 



HOME FIRE AND MARINE INSURANCE CO. 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



872,773 54 
595,461 57 

$668,235 11 
93,609 64 

$574,625 47 
148,406 61 

$16,843 91 
106,638 29 

$123,482 20 
14,546 59 

$108,935 61 
18,409 96 



sources, 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$274,324 50 
39,424 18 

$56,852 21 
1,048 54 



$426,218 86 



90,525 65 

15,706 28 

17,662 19 

9,957 22 

$560,070 20 



$234,900 32 



55,803 67 
36,000 00 
78,394 00 
66,546 04 
12,744 50 
29,940 93 

$514,329 46 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

. $49,103,187 00 $635,841 70 
. 45,830,616 00 595,461 57 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$94,933,803 00 $1,231,303 27 
37,633,599 00 483,464 95 



. $57,300,204 00 $747,838 32 
. 5,227,130 00 77,330 38 



12,073,074 00 $670,507 94 






HOPE MUTUAL FIRE INSURANCE CO. 



259 



Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$742,922 00 
12,158,696 00 

$12,901,618 00 
10,858,063 00 

$2,043,555 00 
112,125 00 



Premiums. 

$43,875 55 
106,638 29 

$150,513 84 
94,381 47 

$56,132 37 
5,533 43 



fl,931,430 00 $50,598 94 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, .... 



$11,053,838 00 
5,169,083 00 
247,825 00 
62,848 00 
1,056,500 00 
36,000 00 
1,400 00 



"HOPE MUTUAL FIRE INSURANCE COMPANY," 
PROVIDENCE, R. I. 

[Incorporated March, 1875. Commenced business April, 1875.] 
LEWIS T. DOWNES, President. JOSEPH T. DAY, Secretary. 



Detailed Statement of Stocks, 

200 shares Chicago & Northwestern R.R., 

110 " 

220 " 

150 ' 

70 ' 

50 ' 

100 ' 

100 ' 



' Chic, Rock Island & Pacific R.R., 

' Pennsylvania R.R., . 

' Illinois Central R.R., 

' Rensselaer & Saratoga R.R., . 

' Indianapolis Gas Co., 

1 Chic, Burlington & Quincy R.R., 

' Union Gas & Electric Co., 
N. Y., West Shore & Buffalo R.R. bonds, 
Indianapolis Gas Co. bonds, 



Bonds, etc. 

Par Value. 

$20,000 00 

11,000 00 

11,000 00 

15,000 00 

7,000 00 

2,500 00 

10,000 00 

10,000 00 

2,000 00 

10,000 00 



Market Value. 

$34,400 00 
13,310 00 
16,280 00 
15,600 00 
14,140 00 
2,000 00 
14,300 00 
10,000 00 
2,320 00 
10,000 00 



$98,500 00 $132,350 00 



Summary of Assets Dec. 31, 1900. 



Loans on mortgage of real estate (fir 
Interest due or accrued thereon, 
Stocks, bonds, etc., as per schedule, 
Cash loans, .... 



st liens*), 



$8,000 00 

100 00 

132,350 00 

75,568 23 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, . 



6-20,000 00 

10,000 00 

6,000 00 



260 



HOPE MUTUAL FIRE INSURANCE CO. 



Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



£3,049 55 
30,233 37 

2,223 78 
4,835 41 



$256,365 34 



Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
State and local taxes. 
Gross liabilities, . 



Net cash assets, 



S69 31 

1,624 35 

131,698 33 

5,263 51 



138,655 .50 
$117,709 84 



Income. 

Premiums outstanding Dec. 31, 1899, . . $3,309 29 

Premiums on risks written or renewed, . . 276,886 38 

Total, $280,195 67 

Premiums now in course of collection, . . 4,835 41 

Entire premiums collected, .... $275,360 26 
Less reinsurance and return premiums, . . 13,900 45 

Xet cash premiums received, .... 

Received for extra premiums, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



$261,459 81 

1,715 75 

400 00 

8,461 93 

$272,037 49 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for inspections, 

for incidentals, . 



Gross cash expenditures, f 256,213 31 



$39,944 17 
195,639 61 

8,226 00 

5,104 64 
960 00 

4.31 

2,02* • 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $26,094,668 00 $236,083 74 $1,180,4. ' 
Risks written during 1900, . 32,314,091 00 276,886 38 1,384,431 90 



Total, $58,408,759 00 $512,970 12 $2,564,850 60 

Risks terminated during 1900, . 28,590,516 00 249,573 47 1,247,867 35 



In force at end of year, 



. $29,818,243 00 $263,396 65 $1,316,983 25 



INDEMNITY FIRE INSURANCE CO. 



261 



Miscellaneous. 

Losses incurred during the year, . . . 

Profits or surplus returned during 1900, 83.53 per cent. 



137,391 00 



"INDEMNITY FIRE INSURANCE COMPANY OF NEW YORK," 

NEW YORK, N. Y. 

[Incorporated 1897. Commenced business Oct. 1, 1898.] 
Paid-up Capital, $200,000. 
J. MONTGOMERY HARE, President. J. H. BURGER, Secretary. 



Detailed Statement of Stocks 



United States bonds, 
New York city loan,. 
Norfolk & Western R'y stock, . 
Southwestern R.R. Co. of Georgia stock, 
Twin City Rapid Transit stock, 
Allegheny & Western R'y stock, 
Union Pacific R'y Co. stock, 
Northern Pacific R'y Co. stock, 



and Bonds. 

Par Value. 

$200,000 00 
25,000 00 

5,000 00 
20,000 00 
20,000 00 

5,000 00 
40,000 00 

5,000 00 



Market Value. 

$214,000 00 
25,375 00 

4,075 00 
22,200 00 
28,400 00 

6,125 00 
33,500 00 

4,362 50 



§320,000 00 $338,037 50 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Prem's more than three mos. due, $1,467 30 
Gross assets, 



$338,037 50 

240 56 

14,441 22 

1,625 02 

25,307 35 



$379,651 65 



Liabilities. 

Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
State and local taxes, .... 
Commissions and brokerage, . 



$11,008 97 

6,803 16 

50 00 

$17,862 13 
2,386 52 

$15,475 61 

85,298 79 

815 02 

1,081 00 

5,411 55 



262 



INDEMNITY FIRE INSURANCE CO. 



Return premiums, .... 

Reinsurance, 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$1,619 94 
951 47 



$110,653 38 

$268,998 27 
200,000 00 

$68,998 27 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest and dividends received from all sources, 



$15,193 39 
216,132 93 

$231,326 32 
26.774 65 

$204,551 67 
73,580 94 



|130,970 73 
10,300 10 



Gross cash income, $141,270 83 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



,422 74 
13,410 47 



$67,012 27 

25,413 09 

11,809 74 

2,849 11 

17,982 46 

$125,066 67 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$10,441,800 00 
. 19,636,913 00 



. $30,078,713 00 

. 13,016,178 00 

.$17,062,535 00 

. 2,637,070 00 



Premiums. 

$106,311 00 
216,132 93 

$322,443 93 
131,494 56 

$190,949 37 
33,537 74 



.$14,425,465 00 $157,411 63 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$225,919 00 

104,365 00 

76,340 00 

3,500 00 



THE INSURANCE CO. OF NORTH AMERICA. 



263 



" PRESIDENT AND DIRECTORS OF THE INSURANCE COMPANY 
OF NORTH AMERICA," PHILADELPHIA, PA. 

[Incorporated April 14, 1794. Commenced business 1792.] 

Paid-up Capital, $3,000,000. 

CHARLES PLATT, President. GREVILLE E. FRYER, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Territory of New Mexico bonds, . . . $2,000 00 $2,360 00 

Georgia State loan, 25,000 00 28,250 00 

Grant County, New Mexico, bonds, . . . 8,000 00 8,000 00 

Boston, Mass., city bonds, .... 112,000 00 123,200 00 

Baltimore, Md., city bonds, .... 200,000 00 200,000 00 

City of Chicago bonds, 6,500 00 6,630 00 

County of Colfax, New Mexico, bonds, . . 100 00 100 00 

City of Columbus, Ohio, bonds, . . . 25,000 00 25,500 00 

Cincinnati city bonds, 20,000 00 21,600 00 

City of Portland, Ore., bonds, .... 50,000 00 60,000 00 

Richmond, Va., city bonds 53,000 00 55,650 00 

City of Montreal, Canada, bonds, . . . 111,000 00 120,990 00 

Toledo, Ohio, water works bonds, . . . 1,000 00 1,030 00 

City of Raton, New Mexico, bonds, ... 200 00 200 00 

County of Delaware, Pa., bonds, . . . 50,000 00 50,000 00 

Atch., Topeka & Santa Fe R'y bonds, . . 100,000 00 103,000 00 

Baltimore & Ohio R.R. bonds, .... 130,000 00 126,000 00 

Belt R.R. & Stockyard Co. bonds, . . . 50,000 00 56,000 00 

Bergen County R.R. Co. bonds, . . . 50,000 00 56,000 00 

Baltimore & Potomac R.R. bonds, .... 5,000 00 5,850 00 

Cleveland, Lorain & Wheeling R'y bonds, . 50,000 00 55,000 00 

Cincinnati, Hamilton & Dayton R.R. bonds, . 50,000 00 55,000 00 

Camden & Atlantic R.R. bonds, . . . 50,000 00 52,500 00 

Chicago, St. Louis & New Orleans R.R. bonds, 50,000 00 50,000 00 

Chicago, Rock Island & Pacific R'y bonds, . 100,000 00 107,000 00 

Chicago & Erie R.R. bonds, .... 50,000 00 59,500 00 

Chicago & Western Indiana R.R. bonds, . . 27,000 00 28,350 00 

Choc, Oklahoma & Gulf R.R. bonds, . . 50,000 00 53,500 00 

Choctaw & Memphis R.R. bonds, . . . 50,000 00 53,500 00 

Delaware River R.R. & Bridge Co. bonds, . 50,000 00 54,000 00 

Delaware & Chesapeake R'y bonds, . . 100,000 00 100,000 00 

Empress Elizabeth R'y of Austria bonds, . 40,000 00 40,000 00 

Erie R.R. bonds, 100,000 00 97,000 00 

Jefferson R.R. bonds, 39,000 00 40,560 00 

Lehigh Coal & Navigation Co. bonds, . . 100,000 00 106,000 00 

Lehigh Valley R.R. bonds, .... 50,000 00 50,500 00 

Lehigh Valley R'y bonds, .... 50,000 00 54,000 00 

Lehigh Valley Terminal R'y bonds, . . 40,000 00 44,400 00 

Louisville & Nashville R.R. bonds, . . . 59,000 00 66,080 00 



264 



THE INSURANCE CO. OF NORTH AMERICA. 



McKeesport & Belle Vernon R.R. bonds, 
N. Y., Lake Erie & Western R.R. bonds, 
N. Y., Philadelphia & Norfolk R.R. bonds, 
Norfolk & Western R'y bonds, 
North Pennsylvania R.R. bonds, 
Northern Central Railway bonds, 
Northern Pacific R'y bonds, 
Pennsylvania Railroad bonds, . 
Penn. & N. Y. Canal & R.R. bonds, 
Philadelphia & Baltimore Cent. R.R. bonds, 
Philadelphia & Erie R.R. bonds, 
Philadelphia & Reading R.R. bonds, 
Pitts., McKeesport & Yough. R.R. bonds, 
Read. Co. & Phil. & Read. C'l & Pn Co. bonds 
San Antonio & Aransas Pass R'y bonds, . 
Steubenville & Indiana R.R. bonds, 
Terminal Railroad Asso. of St. Louis bonds, 
Texas & Pacific R.R. bonds, 

Tioga R.R. bonds, 

Union Pacific R.R. bonds, .... 
West Jersey & Seashore R.R. bonds, 
West Shore R.R. bonds, .... 
Western N. Y. & Penn. R'y bonds, . 
Wilmington & Weldon R.R. bonds, . 
Consolidated Traction Co., N. J., bonds, . 
Equitable Illuminating Gas Light Co. bonds, 
Prospect Brewing Co. bonds, . 
Car Trust of N. Y. bonds, 
Atlantic Mutual Insurance scrip, 
Belgian government bonds, 
Brooklyn Wharf & Warehouse Co. bonds, 
100 shares Philadelphia National Bank, 



70 
228 
500 
500 
100 
1,000 
1,500 



Philadelphia Bourse, . 
Chesa. & Del. Canal Co., 
North American Wrecking Co., 
North Penn. R.R. Co., . 
Del. & Bound Brook R.R., . 
Philadelphia Traction Co., . 
Company's own stock, $33,000 00 



Securities held as collateral for cash loans 



New Jersey Consol. Traction Co. bonds, 
City of Philadelphia bonds, 
Lehigh Valley R.R. Co. bonds, 
Cambria Iron Co stock, . 
Calumet & Hecla Mining Co. stock, 



Par Value. 

$20,000 00 

200,000 00 

50,000 00 

100,000 00 

5,000 00 

10,000 00 

200,000 00 

50,000 00 

75,000 00 

100,000 00 

150,000 00 

200,000 00 

50,000 00 

100,000 00 

21,000 00 

200,000 00 

40,000 00 

19,000 00 

5,000 00 

150,000 00 

50,000 00 

25,000 00 

50,000 00 

50,000 00 

100,000 00 

100,000 00 

25,000 00 

4,000 00 

57,540 00 

49,000 00 

30,000 00 

10,000 00 

2,750 00 

11,400 00 

50,000 00 

25,000 00 

10,000 00 

50,000 00 



Market Value. 

$25,000 00 

234,000 00 

51,500 00 

100,000 00 

5,850 00 

10,700 00 

206,000 00 

56,000 00 

76,500 00 

103,000 00 

180,000 00 

212,500 00 

67,000 00 

93,000 00 

16,800 00 

230,000 00 

46,000 00 

19,950 00 

5,250 00 

157,500 00 

54,500 00 

28,750 00 

47,50?) 00 

52,500 00 

109,000 00 

107,000 00 

25,000 00 

4,000 00 

60,417 00 

49,000 00 

22,500 00 

24,100 00 

950 00 

200 00 

29,000 00 

53,500 00 

18,500 00 

99,000 00 



$4,548,490 00 $4,899,217 00 



Market Value. 

$10,900 00 

5,270 00 

2,600 00 

4,500 00 

41,250 00 



Loaned Thereon. 

$7,500 00 
7,000 00 

1,000 00 
25,000 00 



THE INSURANCE CO. OF NORTH AMERICA. 



265 



Bethlehem Iron Co. stock, .... 
Reading Co. & P. & R. Coal & Iron Co. bonds, 
Atch., Topeka & Santa Fe R'y stock, 
Metropolitan Street R'y Co. stock, . 
Tenn. Coal, Iron & R.R. Co. stock, . 



Market Value. Loaned Thereon. 

$5,900 00 |4,200 00 
4,800 00^ 



8,900 00 J 



34,400 00 
12,800 00 



J. 50,000 00 



J 



8131,320 00 $94,700 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for fire, marine and inland risks, 
Reinsurance due on losses paid, 

Gross assets, 

Deduct special deposits in other States, . 

Balance, 



$855,696 70 

1,712,184 05 

20,993 19 

4,899,217 00 

94,700 00 

916,001 32 

1,007,523 81 

39,593 19 

4,453 08 



),550,362 34 
258,300 00 

1,292,062 34 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance and salvage, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
State and local taxes, 
Commissions and brokerage, . 
Reinsurance disallowed, . 
Miscellaneous, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Paid-up capital, .... 

Surplus over capital, . 



$103,943 48 

539,577 52 

41,111 00 

$684,632 00 
126,310 00 

$558,322 00 

3,614,742 31 

765,309 20 

20,742 30 

33,500 00 

7,063 19 

39,912 18 

^5,039,591 18 
137,644 00 



4,901,947 18 

$4,390,115 16 
3,000,000 00 

$1,390,115 16 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$1,9-26,341 00 
2,160,899 00 
1,595,600 00 



266 



THE INSURANCE CO. OF NORTH AMERICA. 



Income. 
Fire premiums outstanding Dee. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Profit on sale of securities, 

Income from all other sources, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



§629,709 01 
5,301,601 39 

$5,931,310 40 

740,209 84 

$5,191,100 56 
1,091,467 02 

$338,678 26 
2,230,060 44 

£2,568,738 70 
306,907 16 

$2,261,831 54 
449,865 01 



sources, 



$14,387 69 



?4,099,633 54 



1,811,966 53 

105,580 38 

224,117 28 

29,584 69 

* 185,608 58 

1,776 2S 



$6,458,267 23 



Expenditures. 

Cash paid for fire losses, $3,131,778 70 

Deduct salvage and reinsurance, . . . 377,676 35 

Net cash paid for fire losses, 

Cash paid for marine and inland losses, . . f 1,639,025 34 

Deduct salvage and reinsurance, . . . 501,431 82 

Net cash paid for marine and inland losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for expense on real estate, 

for incidentals, 
Deposits returned on perpetual fire risks, . 822,407 07 



$2,754,102 35 



1,137,593 52 

360,000 00 

1,109,958 56 

336,142 40 

120,221 72 

19,891 19 

14,000 29 

262,617 32 



Gross cash expenditures, 



$6,114,527 35 



INTERNATIONAL INSURANCE CO. 



267 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . . *. 

Perpetual risks in force (not incl'd above), 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 



#638,052,347 
558,082,870 



Premiums. 

00 $6,215,785 32 
00 5,301,601 39 



$1,196,135,217 
520,821,602 



00$11,517,386 71 
00 4,854,077 40 



$675,313,615 
31,894,982 



00 $6,663,309 31 
00 317,258 54 



$643,418,633 

$33,406,089 

. $4,947,925 
398,754,420 



00 $6,346,050 77 

00 $841,598 40 

00 $224,215 33 

00 2,230,060 44 



$403,702,345 
398,456,504 



00 $2,454,275 77 
00 2,218,567 37 



$5,245,841 00 $235,708 40 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, . 



$148,844,445 00 
104,168,852 00 
2,725,838 00 
1,148,794 00 
14,893,934 00 
360,000 00 
101,390 00 



"INTERNATIONAL INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated February, 1898. Commenced business February, 1898.] 

Paid-up Capital, $200,000. 

HUGO SCHUMANN, President. , GUSTAV KEHR, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $110,000 00 $116,050 00 

Chesapeake & Ohio R'y Co. bonds, . . . 10,000 00 12,000 00 

Chicago, Rock Island & Pacific R'y bonds, . 15,000 00 16,350 00 

Metropolitan St. Railway bonds, . . . 10,000 00 12,200 00 

Consolidated stock of city of N. Y. bonds, . 85,000 00 90,737 50 

Wabash R.R. Co. bonds 10,000 00 11,700 00 

220 shares Pennsylvania R.R. Co., . . . 11,000 00 15,950 00 

150 " Pullman's Palace Car Co., . . 15,000 00 30,000 00 

150 " Atchison, Topeka & Santa Fe R.R., 15,000 00 13,275 00 



$281,000 00 $318,262 50 



268 



INTERNATIONAL INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, ■. 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, ..... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Return premiums, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$318,262 50 

267 81 

24,535 66 

550 00 

7,393 41 



|4,796 40 
4,826 80 
2,200 00 

$11,823 20 
6,083 36 

$5,739 84 

55,321 29 

1,873 35 

1,183 62 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, . $10,889 84 

Premiums on risks written or renewed, . . 110,215 02 

Total, $121,104 86 

Premiums now in course of collection, . . 7,393 41 

Entire premiums collected, .... $113,711 45 

Less reinsurance and return premiums, . . 40,032 43 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 



£351,009 38 



64,118 10 

$286,891 28 
200,000 00 

$86,891 28 



$73,679 02 
10,727 75 



Gross cash income, $84,406 77 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$90,411 42 
41,581 17 



$48,830 25 

18,586 29 

4,252 80 

2,847 13 

1,611 89 

|76,128 36 



KINGS COUNTY FIRE INSURANCE CO. 



269 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



.$18,467,899 00 
. 17,261,579 00 



. $35,729,478 00 
. 19,603,648 00 

.$16,125,830 00 
. 1,054,748 00 



Premiums. 

$136,550 44 
110,215 02 

$246,765 46 
135,412 44 

$111,353 02 
13,454 54 



.$15,071,082 00 $97,898 48 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$277,547 00 

127,874 00 

34,006 00 

37,200 00 



"KINGS COUNTY FIRE INSURANCE COMPANY," NEW YORK, 

N. Y. 

[Incorporated Oct. 21, 1858. Commenced business Oct. 21, 1858.] 

Paid-up Capital, $200,000. 

FRANK LOCKE, President. CHRIS I. WOLF, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

$100,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
50,000 00 



New York city bonds, .... 
West Shore R.R. bonds, .... 
N. Y. Central & Hudson River R.R. bonds, 
Tenth & Twenty-third Sts. F«rry Co. stock, 
Great Northern R.R. Co. stock, 
Consolidated Gas Co. of New York stock, 



Market Value. 

$111,500 00 

11,600 00 

• 9,650 00 

7,500 00 

19,150 00 

98,500 00 



8190,000 00 $257,900 00 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $70,000 00 

Loans on mortgage of real estate (first liens *), 10,100 00 

Interest due or accrued thereon, . . . 85 17 

Stocks and bonds, as per schedule, . . . 257,900 00 

Cash in the office of the company, . . . 11 02 

Cash deposited in bank, 9,330 66 



* Value of lands mortgaged, .... 
Value of buildings thereon, 
Amount of insurance held as collateral, . 



$13,400 00 
11,700 00 
12,000 00 



270 



KINGS COUNTY FIRE INSURANCE CO. 



Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 

Gross assets, 



$719 84 

22,449 72 

480 66 

9 61 



$371,086 68 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



$2,025 25 

10,258 00 

300 00 

$ 12,583 25 
4,068 00 

£8,515 25 

62,836 03 

3,318 23 

2,701 48 

99 45 



77,470 44 

£293,616 24 
200,000 00 



Surplus over capital, $93,616 24 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

» 
Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course Of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

from sale of securities, 

from all other sources, 



£18,446 66 

1,473 33 

$16,973 33 

149,168 33 

£166,141 66 

22,449 72 

$143,691 94 

41,535 81 



sources, 



£102,156 13 

511 00 

9,859 96 

4,030 92 

19,447 35 

113 72 



Gross cash income, 



£136,119 08 



LAFAYETTE FIRE INSURANCE CO. 



271 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$71,882 04 
10,268 85 



$61,613 19 

10,000 00 

25,912 02 

8,563 42 

5,310 75 

12,845 90 

$124,245 28 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, . . . 
Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $9,771,590 00 
. 17,253,880 00 



Premiums. 

$71,964 29 
149,168 33 



$27,025,470 00 $221,132 62 
11,434,693 00 89,041 62 



.$15,590,777 00 $132,091 00 
. 1,616,841 00 17,759 37 



.$13,973,936 00 $114,331 63 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the }'ear, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (5 per cent.), . 
Company's stock owned by directors, . 



$3,044,856 00 

1,431,839 00 

61,242 00 

790,264 00 

10,000 00 

7,340 00 



"LAFAYETTE FIRE INSURANCE COMPANY OF NEW YORK/ 1 

NEW YORK, N. Y. 

[Incorporated Feb. 10, 1897. Commenced business Feb. 11, 1897.] 

Paid-up Capital, $200,000. 

ALLEN W. ADAMS, President. EDWARD IT. BETTS, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds $85,000 00 

District of Columbia bonds, .... 25,000 00 

Massachusetts State bond?, .... 55,000 00 

New York city bonds, 90,000 00 



Market Value. 

$117,300 00 
31,125 00 
61,275 00 
99,700 00 



$255,000 00 $309,400 00 



272 



LAFAYETTE FIRE INSURANCE CO. 



Summary of Assets Dec. 81, 1900. 



Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, ... 

Reinsurance, 

Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$309,400 00 

37,695 67 

1,763 55 

46,115 21 



$15,589 10 

135,193 27 

15,371 74 

689 76 

2,290 23 



$394,974 43 



169,134 10 

$225,840 33 
200,000 00 



Surplus over capital, $25,840 33 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $42,314 54 

Same not collected, 7,906 90 

Net collected, $34,407 64 

Premiums on risks written or renewed, . . 323,703 42 

Total $358,111 06 

Premiums now in course of collection, . . 46,115 21 

Entire premiums collected, .... $311,99585 

Less reinsurance and return premiums, . . 81,983 41 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Received for increased surplus, . . . $48,000 00 



Gross cash income, 



$230,012 44 
9,936 70 



1239,949 14 



Expenditures, 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for commissions and brokerage, 
for salaries of officers, 
for State and local taxes, 
for incidentals, 



$192,028 75 
15,249 43 



$176,779 32 

67,920 53 

2,345 00 

6,280 14 

1,283 13 



Gross cash expenditures, 



$254,608 12 



THE LIVERPOOL AND LONDON AND GLOBE INSURANCE CO. 273 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $19,570,055 00 
. 29,788,455 00 

.$49,358,510 00 
. 24,768,818 00 

. $24,589,692 00 
. 1,932,896 00 



Premiums. 

$206,301 71 
323,703 42 

$530,005 13 
252,808 32 

$277,196 81 
17,072 77 



. $22,656,796 00 $260,124 04 



Miscellaneous. 

Premiums received from reorganization of company, 
Losses paid from reorganization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from reorganization of company, 
Company's stock owned by directors, .... 



$792,452 00 

404,246 00 

166,301 00 

28,500 00 

149,200 00 



"THE LIVERPOOL AND LONDON AND GLOBE INSURANCE 
COMPANY OF NEW YORK," NEW YORK, N. Y. 

[Incorporated 1896. Commenced business 1897.J 

Paid-up Capital, $200,000. 

HENRY W. EATON, President. GEO. W. HOYT, Secretary. 

Detailed Statement of Stocks and Bonds. 



United States bonds, 
New York city bonds, 



Par Value. Market Value. 

$35,000 00 $40,775 00 
195,000 00 * 211,575 00 



$230,000 00 $252,350 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Prem's more than three mos. due, $163 4 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



$252,350 00 
56,804 84 
46,226 00 



$355,380 84 
11,650 00 

$343,730 84 



Liabilities. 



Losses claimed and reported, . 
Less reinsurance, 

Net amount of unpaid losses, . 



$17,420 00 
5,715 00 

$11,705 00 



274 THE LIVERPOOL AND LONDON AND GLOBE INSURANCE OO. 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Reserve for contingent liabilities, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$56,328 14 

3,403 65 

5,000 00 

97 58 

4,000 00 



,534 37 

8,205 05 



$72,329 32 

$271,401 52 
200,000 00 

171,401 52 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 



$15,188 20 
170,218 22 

$185,406 42 
46,389 41 

$139,017 01 
75,603 99 



Gross cash income, 



$63,413 02 
9,225 47 

$72,638 49 



Expenditures. 

Cash paid for fire losses, 

Deduct reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$41,581 82 
10,590 47 



Gross cash expenditures, 



$30,991 35 

13,160 29 

1,997 50 

4,319 91 

4,513 34 

$54,982 39 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$6,168,191 00 
14,732,607 00 



Premiums. 

$81,184 98 
170,218 22 



$20,900,798 00 $251,403 20 
8,791,369 00 103,018 33 



$12,109,429 00 $148,384 87 
3,441,414 00 40,491 3S 



1,668,015 00 f 107,893 05 



LUMBERMEN S INSURANCE CO, 



275 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$145,095 00 

64,891 00 

42,106 00 

3,500 00 



"LUMBERMEN'S INSURANCE COMPANY," PHILADELPHIA, PA. 

[Incorporated June 2, 1873. Commenced business Dec. 11, 1873.] 

Paid-up Capital, $250,000. 

LEWIS DAVIS, President. OLIVER H. HILL, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Susquehanna Coal Co. bonds, .... $12,00000 $13,80000 

Shamokin Valley & Pottsville R.R. Co. bonds, 7,000 00 7,280 00 

Steubenville & Indiana R.R. Co. bonds, . . 15,000 00 16,800 00 

Richmond & Danville R.R. Co. bonds, . . 5,000 00 6,200 00 

Read. Co. & Phila. & Read. Coal & 1. Co. b'ds, 5,000 00 4,700 00 

Camden & Atlantic R.R. Co. bonds, . . 10,000 00 11,000 00 

Mortgage Trust Co. of Pa. debentures, . . 18,000 00 14,400 00 

Lehigh Valley Railroad Co. bonds, . . . 10,000 00 12,900 00 

Chic, St. Louis & Pittsburgh R.R. Co. bonds, . 10,000 00 12,500 00 

Master Builders' Exchange bonds, . . . 10,000 00 10,125 00 

Car Trust of New York bonds, . . . 7,000 00 7,000 00 

West Jersey R.R. Co. bonds, .... 26,000 00 29,900 00 

Sunb'y, Hazleton & Wilkes-Barre R.R. Co. b'ds, 8,000 00 8,560 00 

Shamokin, Sunbury & Lewisb'g R.R. Co. b'ds, 10,000 00 10,500 00 

Pennsylvania Steel Co. bonds, .... 10,000 00 11,000 00 

Lehigh Valley R.R. Co. bonds, . . . 10,000 00 12,500 00 

Texas & Pacific R.R. Co. bonds, . . . 11,000 00 12,540 00 

Ohio River R.R. Co. bonds, .... 5,000 00 5,400 00 

Cinn., Richmond & Ft. Wayne R.R. Co. bonds, 20,000 00 25,000 00 

Cambria & Clearfield R.R. Co. bonds, . . 12,000 00 12,600 00 

Duluth Street Railway Co. bonds, . . . 20,000 00 21,000 00 

St. Louis Merchants Bridge Co. bonds, . . 20,000 00 22,000 00 

Minneapolis General Electric Co. bonds,. . 20,000 00 21,600 00 

Electric R'y Light & Power Co., Sedalia, b'ds, 8,000 00 4,000 00 

Broadway & 7th Ave. R.R. Co. bonds, . . 10,000 00 12,200 00 

Hartman General Electric Co., Duluth, bonds, 10,000 00 10,250 00 

Superior Water, Light & Power Co. bonds, . 10,000 00 9,000 00 

St. Paul Gas Light Co. bonds, .... 10,000 00 8,700 00 

Lehigh Traction Co. bonds, .... 15,000 00 13,500 00 

Piedmont & Cumberland Railway Co. bonds, . 10,000 00 11,000 00 

Detroit & Mackinac Railway Co. bonds, . . 5,000 00 4,350 00 

Grand Rapids Gas Light Co. bonds, . . 10,000 00 10,500 00 

Gen., W'rloo, Sen. F's & Cay. L. Tr. Co. b'ds, . 1<),000 00 7,500 00 



276 



LUMBERMEN S INSURANCE CO. 



Passaic Lighting Co. bonds, 

Phila. & Reading Coal & Iron Co. certificates 

Lehigh Valley R.R. Co. Car Trust loan, 

Township of Upper Darby bonds, . 

City of Duluth refunding bond, 

St. Louis Ter., Cupples Sta. & Prop. Co. b'ds 

St. Joseph Gas Co. bonds, 

Equitable Illu. Gas Light Co. of Phila. bonds 

Elec. & Peo. Stock Trust, Phila., certificates, 

Illinois Central R.R. Co. bonds, 

Erie & Pittsburgh R.R. Co. bonds, . 

Metropolitan St. R'y Co., N. Y., bonds, . 

Edison Elec. Light Stock Trust, Phila., certs. 

Atlantic Coast Electric R.R. Co. bonds, . 

N. Y. Gas, Elec. Light, Heat & Power Co. b'ds 

Joliet Gas Light Co. bonds, 

Edison Elec. Illuminating Co., Brooklyn, b'ds 

Conshohocken Gas & Water Co. bonds, . 

Westchester Lighting Co. bonds, 

Seaboard Air Line R'y equipment bonds, 

Baltimore & Ohio R.R. Co. bonds, . 

Metropolitan Ferry Co., N. Y., bonds, 

Western Gas Co., Milwaukee, bonds, 

68 shares Lehigh Traction Co., 

80 " Grand Rapids Gas Light Co., . 
100 " Grand Rapids & Indiana R'y Co., 

30 " Buck'gh'ni Ap't House Co., St. Paul 

50 " St. Joseph Gas Co., 

20 " G., W'loo, S. F'ls & C. Lake Tr. Co. 

14 " Philadelphia Bourse, 



Securities held as collateral for cash loans : — 

Pittsb'h, Cin., Chic. & St, Louis R'y Co. bonds, 
50 shares Citizens' Passenger R'y Co., Phila., . 
17 " Jefferson Fire Ins. Co. of Phila., 
M'l Ben. Life Ins. Co., Newark, paid-up policy, 
Edison Electric Light Stock Trust certificates, 
200 shares Philadelphia Co., .... 



Par Value. 

$10,000 00 

10,000 00 

10,000 00 

11,000 00 

15,000 00 

15,000 00 

10,000 00 

20,000 00 

10,000 00 

20,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

15,000 00 

10,000 00 

10,000 00 

5,000 00 

15,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

6,800 00 

4,000 00 

10,000 00 

3,000 00 

5,000 00 

2,000 00 

600 00 



Market Value. 

$10,500 00 

10,500 00 

10,200 00 

11,880 00 

16,500 00 

15,750 00 

9,500 00 

21,800 00 

10,000 00 

20,600 00 

10,500 00 

12,000 00 

5,500 00 

10,000 00 

14,100 00 

10,500 00 

9,500,00 

5,100 00 

15,375 00 

10,000 00 

9,700 00 

5,600 00 

10,750 00 

340 00 

4,000 00 

2,500 00 

300 00 

1,750 00 

100 00 

115 00 



$666,400 00 $675,265 00 



Market Value. 

$9,000 00 

17,500 00 

2,125 00 

14,500 00 

7,700 00 

8,400 00 



Loaned Thereon. 

$8,000 00 
3,400 00 
1,500 00 
8,000 00 
5,000 00 
6,000 00 



$59,225 00 $31,900 00 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $147,000 00 
Loans on mortgage of real estate (first liens *), 296,701 51 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$310,675 00 
350,000 00 
332,300 00 



lumbermen's INSURANCE CO. 



277 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Deposits on perpetual policies, 

Gross assets, 



$4,278 26 

675,265 00 

31,900 00 

141 88 

21,664 35 

305 97 

37,209 32 

1,169 40 

671 45 



$1,216,307 14 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 

Miscellaneous, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



$5,767 85 

19,162 30 

500 00 

$25,430 15 
5,190 20 

$20,239 95 

131,401 71 

233,143 71 

2,023 32 

8,406 59 

8,167 58 

12,786 41 

1,128 14 



417,297 41 

$799,009 73 
250,000 00 

$549,009 73 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



$32,977 62 
225,996 48 

$258,974 10 
37,209 32 

$221,764 78 
57,435 39 



sources, 



$12,601 99 



$164,329 39 

17,747 00 

31,000 96 

4,444 18 

552 49 

$218,074 02 



278 



MAGDEBURG FIRE INSURANCE CO. 



Expenditures. 

Cash paid for lire losses, $133,333 54 

Deduct salvage and reinsurance, . . . 25,094 95 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for incidentals, .... 

Deposits returned on perpetual fire risks, . $12,710 14 



$108,238 59 
25,000 00 
43,320 42 
12,445 00 
11,148 20 
6,463 96 



Gross cash expenditures, $206,616 17 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Perpetual risks in force (notincl'd above), 



.$ 27,135,526 00 
. 21,261,356 00 

. $48,396,882 00 
. 20,187,972 00 

.128,208,910 00 
. 4,228,970 00 

. $23,979,940 00 

. $9,390,719 00 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . 



Premiums. 

$262,164 39 
225,996 48 

$488,160 87 
191,348 01 

$296,812 86 
44,648 21 

$252,164 65 

$259,048 56 



$2,574,498 00 

1,377,618 00 

108,873 00 

438,000 00 

25,000 00 

75,125 00 



"MAGDEBURG FIRE INSURANCE COMPANY OF NEW YORK," 

NEW YORK, N. Y. 

[Incorporated Nov. 6, 1S97. Commenced business Nov. 19, 1897.] 

Paid-up Capital, $200,000. 

E. F. MIETHKE, President. AD. DOHMEYER, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

New York city dock bonds $205,000 00 $223,962 50 

New York city bridge bonds, .... 25,000 00 27,312 50 

United States bonds, 10,000 00 11,400 00 



$240,000 00 $262,675 00 



MAGDEBURG FIRE INSURANCE CO. 



279 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Prem's more than three mos. due, $281 61 
Gross assets, 



$262,675 00 

33 65 

18,924 54 

1,441 67 

8,567 17 



$291,642 03 



Liabilities. 



Losses claimed and reported, 
Less reinsurance, 



Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, ..... 

Net collected, 

Premiums on risks written or renewed, . 



$3,733 00 
115 00 

$3,618 00 

44,798 30 

2,152 57 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 
Income from profit on sale of bonds, 



$12,761 70 
281 61 

$12,480 09 
106,180 53 

$118,660 62 
8,567 17 

$110,093 45 
43,225 53 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$59,327 86 
11,686 95 



50,568 87 

$241,073 16 
200,000 00 

$41,073 16 



$66,867 92 

8,702 22 

268 75 

$75,838 89 



$47,640 91 

14,471 76 

3,500 02 

2,545 34 

4,823 08 

$72,981 11 



280 



manufacturers' mutual FIRE INSURANCE CO. 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . .$15,106,418 00 $130,404 29 
Fire risks written during 1900, . . . 10,834,896 00 106,180 53 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. 125,941,314 00 $236,584 82 
. 14,149,334 00 126,454 11 



.$11,791,980 00 $110,130 71 
. 2,326,707 00 20,680 20 



. $9,465,273 00 $89,450 51 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$251,537 00 

182,330 00 

39,917 00 

4,500 00 



"MANUFACTURERS 1 MUTUAL FIRE INSURANCE COMPANY OF 
RHODE ISLAND, 1 ' PROVIDENCE, R. I. 

[Incorporated 1S35. Commenced business Dec. 1, 1835.] 
JOHN R. FREEMAN, President. ROSCOE L. COLMAX, Secretary. 



Detailed Statement of Stocks, 



United States bonds, 

Rhode Island State bonds, 

150 shares Providence & Worcester R R., 

100 ' 
100 

671 ' 
59 ' 
330 

100 ' 
100 
100 
100 
210 
100 



Boston & Providence R.R., * . 
Rome, Watert'n & Ogden. R.R., 
Pennsylvania R.R., . 
Old Colony R.R., . 
Great Northern R'y, 
Chic, Mil. & St. Paul R.R., . 
Chic, Clevc, Cin. & St. Louis R.R 
Chic, Burlington & Quincy R.R., 
Chic. & Northwestern R.R., . 
American National Bank, Prov , 
National Bank of Commerce, . 



Bonds, etc. 

Par Value. 

$10,000 00 
50,000 00 
15,000 00 
10,000 00 
10,000 00 
33,500 00 

5,900 00 
33,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,500 00 

5,000 00 



$222,900 00 

Summary of Assets Dec. 31, 1900. 
Stocks, bonds, etc., as per schedule, . . . $359,127 06 



Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Gross assets, 



30,271 72 
3,053 03 
3,226 13 



Market Value. 

$13,850 00 
56,500 00 
44,100 00 
30,000 00 
13,500 00 
49,947 56 
11,977 00 
62,700 00 
18,750 00 
11,600 00 
14,250 00 
17,187 50 
9,765 00 
5,000 00 

$359,127 06 



$395,677 94 



manufacturers' mutual FIRE INSURANCE CO. 



281 



Liabilities. 

Losses claimed and reported, .... $200 20 

Unearned premiums on outstanding risks, . 131,116 47 

State taxes, 4,866 77 

Gross liabilities, 



1136,183 44 



Net cash assets, $259,494 50 



Income. 

Premiums outstanding Dec. 81, 1899, . . $5,059 23 

Premiums on risks written or renewed, . . 274,735 63 



Total, $279,794 86 

Premiums now in course of collection, . . 3,226 13 



Entire premiums collected, .... $276,568 73 
Less reinsurance and return premiums, . . 11,691 76 

Net cash premiums received, . 
Interest and dividends received from all sources, . 

Gross cash income, 



$264,876 97 
13,119 37 

$277,996 34 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for inspections, .... 
for incidentals, .... 

Gross cash expenditures, .... 



$18,604 83 
205,772 99 
6,560 13 
5,051 64 
536 26 
3,985 32 
1,755 25 

$242,266 42 



Risks and Premiums. 

Amount. Cash Prem'a. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $29,521,223 00 $227,817 14 $1,139,085 70 
Risks written during 1900, . 36,019,159 00 274,735 63 1,373,678 15 



Total, $65,540,382 00 $502,552 77 $2,512,763 85 

Risks terminated during 1900, . 31,445,223 00 240,319 83 1,201,599 15 



In force at end of year, . . $34,095,159 00 $262,232 94 $1,311,164 70 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 90 per cent. 



$16,600 00 



282 



THE MECHANICS' INSURANCE CO. 



"THE MECHANICS' INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 13, 1854. Commenced business May 4, 1854.] 

Paid-up Capital, *250,000. 

SIMON J. MARTIN, President. JOHN A. SNYDER, Secretary. 



Detailed Statement of Stocks 



Phila., Wilmington & Baltimore R.R. bonds, 
Union Passenger Railway bonds, 
Lombard & South Streets Passenger R'y bonds 
Steubenville & Indiana R.R. bonds, 
Borough of Clifton Heights, Pa., bond, 
Schuylkill River East Side R.R. bonds, 
Northern Pacific Terminal bonds, . 
Philadelphia & Erie R.R. bonds, 
Northern Pennsylvania R.R. bonds, 
The Toledo Electric Street R'y Co. bonds, 
United States bonds, .... 

Consolidated Traction Co. of N. J. bonds, 
Second Ave. Traction Co , Pittsburg, bonds, 
Terminal R.R. Association of St. Louis bonds 
Commonwealth of Penn., Allegheny Co., bond 
City of Altooua, Pa., bonds, 
Lehigh Valley Railroad bonds, 
City of Philadelphia bonds, 
Pittsburg, Cin., Chic. & St. Louis R.R. bonds, 
Allegheny Valley R.R. bonds, 
Phila., Wil . & Bait. R.R. Stock Trust certificates 
200 shares Fair. Park & Had. Pass. R'y Co., 
100 " Union Passenger Railway Co., 
30 " 13th & loth Streets Pass. R'y Co. 
20 " 2d & 3d Streets Pass. R'y Co., 
1,000 " Philadelphia Traction Co., . 



and Bonds. 

Par Valae. 

$2,000 00 
20,000 00 
20,000 00 
25,000 00 

3,000 00 
30,000 00 
10,000 00 
28,000 00 
11,000 00 
10,000 00 

5,000 00 
10,000 00 
10,000 00 
10,000 00 

5,000 00 
10,000 00 
10,000 00 
20,000 00 
10,000 00 

5,000 00 
10,000 00 
10,000 00 

5,000 00 

1,500 00 

1,000 00 
50,000 00 



Market Value. 

$2,172 50 
22,800 00 
20,000 00 
27,500 00 

3,360 00 
33,187 50 
11,450 00 
30,660 00 
12,691 25 
10,400 00 

6,906 25 
10,862 50 
11,600 00 
11,325 00 

5,000 00 
10,000 00 
10,162 50 
21,400 00 
11,537 50 

6,225 00 
10,950 00 
15,000 00 
23,800 00 

9,480 00 

6,200 00 
99,000 00 



$331,500 00 1443,670 00 



Securities held as collateral for cash loans : - 
Philadelphia City Pass. R'y Co. bonds, . 

Summary of Assets Dec 31, 1900. 
Cash value of unencumbered real estate, . 881,500 00 

Loans on mortgage of real estate (first liens*), 288,976 76 
Interest due or accrued thereon, . . . 4,218 25 



Market Value. Loaned Thereon. 

$5,750 00 $4,250 00 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$232,950 00 
355,250 00 
272,225 00 



THE MECHANICS' INSURANCE CO. 



283 



Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Perpetual premiums in course of collection, 
Gross assets, 



$443,670 00 

4,250 00 

617 25 

42,804 32 

3,489 81 

50,967 31 

60 00 

785 00 



$921,338 70 



Liabilities. 

Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$6,176 83 

14,087 92 

4,400 00 

$24,664 75 
2,418 23 

$22,246 52 

152,064 38 

258,969 00 

12,364 72 

12,090 18 

15,609 00 



473,343 80 

$447,994 90 
250,000 00 



Surplus over capital, $197,994 90 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, . 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, 



$46,898 08 

314,261 04 

$361,159 12 

50,967 31 

$310,191 81 

74,519 54 



sources, 



$235,672 27 

14,856 55 

19,473 83 

2,370 00 

303 47 



$15,207 81 



Gross cash income, $272,676 12 



284 



mechanics' mutual FIRE INSURANCE CO. 



Expenditures 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employe 
for State and local taxes, 
for expenses on real estate, 
for incidentals, . 

Deposits returned on perpetual fire risks 



Gross cash expenditures, $296,158 47 



$192,726 76 
18,503 19 



es, 



$11,161 40 



$174,223 57 
20,000 00 
68,458 34 
13,790 01 
5,090 28 
181 15 
14,415 12 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $26,910,280 00 
. 28,899,606 00 



.$55,809,886 00 
. 24,860,305 00 

. $30,949,581 00 
. 3,452,691 00 

. $27,496,890 00 



Perpetual risks in force (not incl'd above), . $12,620,818 00 



Premiums. 

$299,840 51 
314,261 04 

$614,101 55 
274,606 00 

$339,495 55 
41,907 79 

$297,587 76 

$285,401 57 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$3,740,551 00 

2,093,228 00 

165,321 00 

560,660 00 

20,000 00 

46,150 00 



"MECHANICS' MUTUAL FIRE INSURANCE COMPANY," 
PROVIDENCE, R. I. 

[Incorporated 1871. Commenced business 1871.] 
JOHN R. FREEMAN, President. ROSCOE L. COLMAN, Secretary. 

Detailed Statement of Stocks, Bonds, etc. 

Par Value. Market Value. 

United States bonds $15,000 00 $20,775 00 

Rhode Island State bonds, .... 50,000 00 56,500 00 

100 shares Rome, Watert'n & Ogden. R.R., . 10,000 00 13,500 00 

100 " N. Y., Lack. & Western R.R., . 10,000 00 13,500 00 



mechanics' mutual FIRE INSURANCE CO. 



285 



330 shares Pennsylvania R.R., .... 
165 " Great Northern R'y Co., . 
100 " Cleve., Cin., Chic. & St. Louis R.R., 
100 " Chic., Burl. & Quincy R.R., . 
83 " N'l Bank of Com., Prov., R. I., 
100 " Com. Nat'l Bank, Prov., R. I., 



Par Value. 

$16,500 00 

16,500 00 

10,000 00 

10,000 00 

4,150 00 

5,000 00 



Market Value. 

$24,564 38 

31,350 00 

11,600 00 

14,250 00 

4,150 00 

4,850 00 



$147,150 00 $195,039 38 



SlJMMAKY OF ASSETS DEC. 31, 1900. 

Stocks, bonds, etc., as per schedule, . . $195,039 38 

Cash deposited in bank, 13,411 08 

Interest due and accrued, 1,790 % 63 

Premiums in course of collection (gross), . 2,326 26 

Gross assets, $212,567 35 

Liabilities. 

Losses claimed and reported, .... $155 77 

Unearned premiums on outstanding risks, . 85,255*82 

State taxes, 3,176 67 

Gross liabilities, 88,588 26 

Net cash assets, $123,979 09 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Interest and dividends received from all sources, . 



$3,319*57 
179,146£23 

$182,465 80 
2,326 26 

$180,139 54 
7,922 12 



$172,217 42 
7,135 04 



Gross cash income, $179,352 46 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, . 
for salaries of officers and employees, 
for State and local taxes, 

for rents, 

for inspections, .... 
for incidentals, .... 



$15,176 28 
132,643 26 
4,188 81 
3,240 05 
341 26 
2,561 16 
1,226 15 



Gross cash expenditures, 



$159,376 97 



286 



mechanics' and traders' INSURANCE CO. 



Risks and Premiums. 

Amount Cash Prem's. Conting't Prem's. 

Risks outstanding Dec. 31, 1899, $18,971,497 00 $146,664 38 $733,321 90 

Risks written during 1900, . 23,479,151 00 179,146 23 895,731 15 



Total, $42,450,648 00 $325,810 61 $1,629,053 05 

Risks terminated during 1900, . 20,296,710 00 155,298 98 776,494 90 



In force at end of year, . . $22,153,938 00 $170,511 63 $852,558 15 



Miscellaneous. 
Losses incurred during the year, .... 
Profits or surplus returned during 1900, 90 per cent. 



$13,192 00 



"MECHANICS' AND TRADERS 1 INSURANCE COMPANY," NEW 

ORLEANS, LA. 

[Incorporated Oct. 15, 1869. Commenced business Nov. 1, 1869.] 

Paid-up Capital, $300,000. 

JAMES NICHOLS, President. R. L. EMERY, Secretary. 



Detailed Statement of Stocks 



Louisiana State bonds, 

New Orleans city bonds, . 

New Orleans City & Lake R.R. bonds, 

Crescent City R.R. bonds, 

150 shares People's Bank, New Orleans, 

10 

10 
200 

50 

30 



Prov. Savings Safe Dep. Co., N. O., 
Union Nat'l Bank, New Orleans, . 
Standard Guano & Cheru. Mfg. Co., 
Standard Cotton Seed Oil Co., 
National Acid Co 



and Bonds. 

Par Value. 

$ 123,000 00 

57,910 00 

6,000 00 

28,000 00 

15,000 00 

1,000 00 

1,000 00 

20,000 00 

2,500 00 

3,000 00 



Market Value. 

$135,761 25 

70,643 15 

6,945 00 

30,660 00 

12,975 00 

1,090 00 

1,060 00 

40,000 00 

3,750 00 

3,900 00 



$257,440 00 $306,784 40 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for fire, marine and inland risks, 
Reinsurance due on losses paid, 

Gross assets, 



$106,800 00 

50 00 

306,784 40 

14,791 81 

54,263 83 

844 03 

4,882 15 



$488,416 22 



* Value of property mortgaged, $75 00 



MECHANICS AND TRADERS INSURANCE CO. 



287 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Return premiums and reinsurance, 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 

Surplus over capital, . 

Income 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, 

Interest and dividends received from all sources, 

Income from rents, . 

Income from all other sources, 

Gross cash income, . 

Expenditures 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 



$1,749 02 

16,378 59 

4,500 00 

$22,627 61 
6,332 09 

$16,295 52 
101,404 96 

9,974 18 
14,641 08 

1,866 19 



$61,057 28 
239,302 86 

$300,360 14 
45,904 17 

$254,455 97 
83,400 16 

$7,051 31 
14,285 56 

$21,336 87 
8,359 66 

$12,977 21 
5,898 42 



M 53,485 52 
41,972 30 

$10,359 91 
6,557 77 



$144,181 93 

$344,234 29 
300,000 00 

$44,234 29 



$171,055 81 



7,078 79 

11,518 20 

10,603 03 

80 80 

$200,336 63 



$111,513 22 
3,802 14 



288 



THE MERCHANTS' INSURANCE CO. 



Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$33,603 95 

10,955 68 

7,341 14 

24,932 57 



Gross cash expenditures, $192,148 70 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . .$23,787,497 00 $283,352 87 



Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks written during 1900, . 
Deduct risks expired and terminated, 



23,622,715 00 239,302 86 



$47,410,212 00 
25,962,870 00 



1522,655 73 
266,704 02 



. f 21,447,342 00 $255,951 71 
. 4,638,757 00 60,303 66 



. ? 16,808,585 00 $195,648 05 



$3,983,063 00 
3,983,063 00 



$14,285 56 
14,285 56 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the Tear, . . . . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Company's stock owned by directors, . 



$7,680,553 00 

4,213,772 00 

89,865 00 

4,226 00 

3,832,660 00 

101,700 00 



"THE MERCHANTS 1 INSURANCE COMPANY OF NEWARK/' 

NEWARK, N. J. 

[Incorporated Feb. IS, 1S5S. Commenced business April IS, 1S5S.] 

Paid-up Capital, $400,000. 

G. LEE STOUT, President. WM. H. GUERIN, Secretary. 



Detailed Statement of 



United States bonds, . 
New Jersey Zinc Co. bonds, 
Newark Consolidated Gas Co. bonds, 
Newark Gas Co. bonds, . 
Newark Pass. R.R. Co. bonds, . 
Elizabeth city bonds, 
Long Branch school bonds, 
North Hudson County R.R. bonds, 
Midland R.R. of N. J. bonds, . 



Stocks and Bonds. 

Par Value. 

§50,000 00 

10,000 00 

10,000 00 

100,000 00 

70,000 00 

50,000 00 

5,000 00 

50,000 00 

75,000 00 



Market Value. 

155,500 00 
10,600 00 
10,550 00 

141,000 00 
81,900 00 
50,000 00 
5,250 00 
56,500 00 
87,000 00 



THE MERCHANTS INSURANCE CO. 



289 



Newark & Bloomfield Horse Car R.R. bonds, . 
Consolidated Traction Co. bonds, . 
N. Y., Susquehanna & Western R.R. bonds, . 
United N. J. R.R. & Canal Co. stock, 



Par Value. 

$ 10,000 00 
90,000 00 
10,000 00 
15,000 00 



Market Valuer 

$10,000 00 

98,100 00 

11,200 00 

41,100 00 



$545,000 00 f658,700 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens *), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, . 

Cash in the office of the company, . 

Cash deposited in bank, .... 

Interest due and accrued, .... 

Premiums in course of collection (gross), 

Rents due and accrued, .... 

Reinsurance due on losses paid, 

Prem's more than three mos. due, $4,684 38 

Gross assets, 

Deduct special deposits in other States, . 



Balance, 



$187,028 82 

318,500 00 

3,845 36 

658,700 00 

12,963 62 

39,362 88 

3,761 92 

160,039 50 

1,005 34 

3,498 64 



$1,388,706 08 
55,500 00 

$1,333,206 08 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, . 



$27,812 49 
67,003 03 
10,809 01 

$105,624 53 
9,880 45 

$95,744 08 

651,548 84 

16,618 90 

36,809 08 

5,283 55 

332 11 

$806,336 56 
4,172 32 



802,164 24 

$531,041 84 
400,000 00 

$131,041 84 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$331,075 00 
424,550 00 
341,250 00 



290 



THE MERCHANTS INSURANCE CO. 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Income from all other sources, 



,714 41 
493 55 



8170,220 86 
1,258,244 95 

$1,428,465 81 
164,230 33 

$1,264,235 48 
440,394 06 



sources, 



$823,841 42 

18,350 47 

29,747 50 

7,117 79 

19,088 36 



Gross cash income, $898,145 54 



Expenditures. 

Cash paid for fire losses, $814,464 31 

Deduct salvage and reinsurance, . . . 139,756 22 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, .... 



Gross cash expenditures, 



$674,708 09 

32,000 00 

152,445 54 

150,966 64 

43,134 89 

4,732 50 

40,901 98 

. fl,098,889 64 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . $160,326,562 00 $1,613,066 28 
Fire risks written during 1900, . . 118,615,366 00 1,258,244 95 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 



$278,941,928 00 $2,871,311 23 
121,298,954 00 1,309,078 85 



$157,642,974 00 $1,562,232 38 
23,793,883 00 251,757 29 



Net amount in force, . 



$133,849,091 00 $1,310,475 09 



MERCHANTS' MUTUAL INSURANCE CO. IN PROVIDENCE. 291 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, . 



818,894,672 00 

11,055,502 00 

653,344 00 

1,108,219 00 

32,000 00 

85,500 00 



" MERCHANTS' MUTUAL INSURANCE COMPANY IN 
PROVIDENCE," PROVIDENCE, R. I. 

[ Incorporated Oct. 12, 1874. Commenced business Nov. 1, 1874.] 

JOHN EDDY, President. WM. B. McBEE, Secretary. 



Detailed Statement op Stocks, 



Rhode Island State bonds, 

United States bonds, 

Chicago, Burlington & Quincy R.R. bonds, 

United Traction & Electric Co. bonds, 

150 shares Illinois Central R.R., 

132 ' 

100 ' 

110 ' 

100 ' 

110 

100 

50 

50 
300 
200 
200 
100 

82 

50 

50 



Chic, Burlington & Quincy R.R., 
Chicago & Northwestern R.R., 
Chic, Rock Island & Pacific R.R., 
Rome, Watertown & Ogdens. R.R. 
Pennsylvania Railroad, . 
Morris & Essex Railroad, 
Rensselaer & Saratoga R.R., . 
Pittsburgh, Ft. Wayne & Chic. R.R. 
National Bank of North America, 
National Bank of Commerce, . 
Commercial National Bank, . 
Lime Rock National Bank, 
Merchants' National Bank, 
Old National Bank, 
Mechanics' National Bank, 



Bonds, etc. 

Par Value. 

$30,000 00 

9,000 00 

3,000 00 

10,000 00 

15,000 00 

13,200 00 

10,000 00 

11,000 00 

10,000 00 

5,500 00 

5,000 00 

5,000 00 

5,000 00 

15,000 00 

10,000 00 

10,000 00 

2,000 00 

4,100 00 

5,000 00 

2,500 00 



Market Value. 

$33,000 00 

12,420 00 

3,200 00 

11,400 00 

19,800 00 

18,744 00 

17,100 00 

13,200 00 

13,400 00 

8,085 00 

9,500 00 

9,750 00 

9,250 00 

13,500 00 

9,800 00 

9,700 00 

500 00 

5,330 00 

4,600 00 

2,450 00 



$180,300 00 $224,729 00 



Summary op Assets Dec. 31, 1900. 



Stocks, bonds, etc., as per schedule, 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$224,729 00 

16,707 49 

3,167 53 

1,955 60 



$246,559 62 



292 merchants' mutual INSURANCE CO. in providence. 



Liabilities. 
Losses claimed and reported, .... 
Unearned premiums on outstanding risks, 

State and local taxes, 

Gross liabilities, 

Net cash assets, $158,815 17 



$9 91 




84,572 98 




3,161 56 






f87,744 45 





Income 
Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 



$1,805 77 
178,298 73 

$180,104 50 
1,955 60 

$178,148 90 
8,440 01 



$169,708 89 

Interest and dividends received from all sources, . . . 8,876 33 



Gross cash income, $178,585 22 

Expenditures. 

Cash paid for losses, 117,243 55 

as profits on terminated policies, .... 134,163 46 

for inspections, 2,550 00 

for salaries of officers and employees, . . . 5,289 19 

for State and local taxes, 3,332 12 

for rents, 666 67 

for incidentals, 1,424 98 



Gross cash expenditures, $164,669 97 

Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem"s. 

Risks outstanding Dec. 31, 1899, $18,941,377 00 $152,181 76 $760,908 80 

Risks written during 1900, . 22,537,165 00 178,298 73 891,493 65 



Total $41,478,542 00 $330,480 49 $1,652,402 45 

Risks terminated during 1900, . 20,264,814 00 161,334 52 806,672 60 



In force at end of year, . . $21,213,728 00 $169,145 97 $845,729 85 

Miscellaneous. 

Losses incurred during the year, $13,023 00 

Profit's or surplus returned during 1900, 88.22 per cent. 



MICHIGAN FIRE AND MARINE INSURANCE CO. 



293 



"MICHIGAN FIRE AND MARINE INSURANCE COMPANY," 

DETROIT, MICH. 

[Incorporated February, 1881. Commenced business March, 1881.] 

Paid-up Capital, $400,000. 

D. M. FERRY, Vice-President. F. H. WHITNEY, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

$5,000 00 
32,000 00 
10,000 00 
12,000 00 



People's Savings Bank stock, 
Marquette city bonds, 
Detroit city bonds, . 
Flint city school bonds, 



Market Value. 

$6,250 00 
32,000 00 
10,000 00 
12,000 00 



$59,000 00 $60,250 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 



$89,108 14 
522,965 00 
10,807 45 
60,250 00 
21,527 32 
57,955 30 
1,542 70 
57,556 65 



$821,712 56 



Liabilities. 



Losses adjusted, unpaid, .... 
Losses claimed and reported, . 


$7,849 42 
12,006 75 




Total amount of losses, .... 
Less reinsurance, 


$19,856 17 
1,575 00 




Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 


$18,281 17 

217,089 73 

40 00 

9,110 40 

6,710 78 

2,531 55 


253,763 63 


. 


Surplus as regards policy holders, . 


$567,948 93 
400,000 00 




$167,948 93 


Amount of insurance held as collateral, 


368,795 00 



294 



MICHIGAN FIRE AND MARINE INSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 
Income from all other sources, 



Gross cash income, 



$42,244 35 
376,588 17 

$418,832 52 
57,556 65 

$361,275 87 
78,153 78 



other sources, . 



$283,122 09 

30,697 89 

4,271 67 

1,894 34 

122 21 

$320,108 20 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, .... 



$184,108 82 
17,914 62 



Gross cash expenditures, 



$166,194 20 
16,000 00 
62,061 77 
13,568 74 
13,788 95 
33,121 13 

$304,734 79 



Risks and Premiums. 



Eire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, 



. $36,137,770 00 
. 33,206,768 00 

. $69,344,538 00 
. 28,070,416 00 

.$41,274,122 00 
. 2,582,269 00 



Premiums. 

$382,118 38 
376,588 17 

$758,706 55 
303,584 95 

|455,121 60 

28,969 73 



. $38,691,853 00 $426,151 87 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (4 per cent.), . 
Company's stock owned by directors, .... 



£6,438,824 00 

3,497,416 00 

164,286 00 

330,000 00 

16.000 00 

194,900 00 



MIDDLESEX MUTUAL ASSURANCE CO. 



295 



"MIDDLESEX MUTUAL ASSURANCE COMPANY," MIDDLE- 
TOWN, CONN.* 

[Incorporated June 2, 1836. Commenced business June 13, 1836.] 
O. VINCENT COFFIN, President. C W. HARRIS, Secretary. 



Detailed Statement of Stocks 



Middletown, Conn., town bonds, 

Portland, Conn., town bonds, . 

Nebraska Loan & Trust Co. bonds, . 

N. Y., New Haven & Hartford R.R. bonds, 

Omaha Water Co. bonds, .... 

The L. D. Brown & Son Co. bonds, . 

W. & B. Douglas Co. bonds, . . • . 

Keating Wheel Co. bonds, 

230 shares N. Y. Cent. & Hudson River R.R., 

275 ' 

400 

200 

300 

150 ' 

40 ' 

42 ' 

30 ' 
6 ' 

90 ' 



Chic., Rock Island & Pacific R.R., 
N. Y., New Haven & Hart. R.R., 
Chicago, Burlington & Quincy R.R., 
Chicago & Northwestern R.R., 
Middletown National Bank, Conn., 
First Nat'l Bank, Middlet'n, Conn., 
Middlesex Co. N'l B'k, Middletown, 
Central Nat'l Bank, Middletown, . 
First National Bank, Portland, 
Omaha Water Co., . 



and Bonds. 

Par Value. 

$21,000 00 

100,000 00 

75,000 00 

15,000 00 

10,000 00 

30,500 00 

5,000 00 

8,800 00 

23,000 00 

27,500 00 

40,000 00 

20,000 00 

30,000 00 

11,250 00 

4,000 00 

4,200 00 

2,250 00 

600 00 

4,500 00 



Market Value. 

$21,420 00 

103,911 60 

75,000 00 

29,250 00 

10,000 00 

30,500 00 

5,000 00 

8,800 00 

33,120 00 

33,000 00 

84,800 00 

28,400 00 

56,200 00 

15,900 00 

4,000 00 

3,570 00 

2,400 00 

600 00 

4,500 00 



$432,600 00 $550,371 60 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 
Unearned premiums on outstanding risks, 
State and local taxes, 
Commissions and brokerage, . 
Gross liabilities, 

Surplus, .... 



$194,000 00 

550,371 60 

40,529 71 

21,769 82 



$2,000 00 
2,000 00 
1,050 00 
150,356 72 
8,631 71 
5,442 45 



$806,671 13 



164,480 88 
$642,190 25 



* A mutual company. 



296 



MIDDLESEX MUTUAL ASSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $19,783 42 
Premiums on risks written or renewed, . . 92,812 91 



Total, $112,596 33 

Premiums now in course of collection, . . 21,769 82 



Entire premiums collected, .... $90,826 51 
Less reinsurance and return premiums, . . 4,107 96 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Income from rents, 



Gross cash income, . 



$86,718 55 

22,913 22 

8,318 00 

$117,949 77 



Expenditures. 

Cash paid for fire losses, 

for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$61,036 27 

14,227 21 

18,999 00 

6,766 63 

9,080 70 



Gross cash expenditures, $ 110,109 81 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $39,991,109 00 $304,451 48 
Fire risks written during 1900, . . . 12,608,640 00 92,812 91 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $52,599,749 00 $397,264 39 
. 12,233,495 00 96,389 46 



. $40,366,254 00 $300,874 93 
7,000 00 33 87 



.$40,359,254 00 $300,841 06 



Miscellaneous. 

Losses paid from organization of company, . 
Fire losses incurred during the year, 



$1,166,641 00 
54,452 00 



MILLEKS AND MANUFACTURERS INSURANCE CO. 



297 



"MILLERS' AND MANUFACTURERS' INSURANCE COMPANY," 

MINNEAPOLIS, MINN.* 

[Reincorporated July 1, 1891. Commenced business May, 1881.] 
C. B. SHOVE, President. F. S. DANFORTH, Secretary. 



Detailed Statement of Stocks and Bonds. 



Northwestern Consol. Milling Co. bonds, 
Chicago General R'y Co. bonds, 
First Nat'l Bank, Minneapolis, stock, 
Northw'n Nat'l Bank, Minneapolis, stock, 
Nat'l Bank of Commerce, Minneapolis, stock, 
Merchants' Nat'l Bank, St. Cloud, stock, . 



Par Value. 

$2,000 00 
2,000 00 
13,800 00 
10,000 00 
10,000 00 
1,000 00 



Market Value. 

$2,000 00 
2,000 00 
17,250 00 
15,000 00 
12,000 00 
1,000 "00 



$38,800 00 $49,250 00 



Summary of Assets Dec 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens f), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross) 
Rents due and accrued, 
All other assets, .... 
Gross assets, .... 

Liabilities. 

Losses adjusted, unpaid, 

Losses claimed and reported, .... 
Unearned premiums on outstanding risks, 
Commissions and brokerage, .... 

Reinsurance, 

Reinsurance disallowed, 

Gross liabilities, except contingent, safety 
and reserve fund, 

Surplus as regards policy holders, . 
Contingent, safety and reserve fund, 

Impairment, 



$131,081 10 

10,400 00 

49 80 

49,250 00 

1,298 76 

12,642 70 

60 00 

19,973 77 

283 50 

833 61 



$10,486 49 

14,750 89 

90,584 85 

2,996 06 

2,331 70 

7,118 63 



$225,873 24 



128,268 62 

$97,604 62 
100,000 00 

$2,395 38 



* A mutual company. 
t Value of lands mortgaged, .... 
^ T alue of buildings thereon, .... 
Amount of insurance held as collateral, 



$13,400 00 
13,400 00 
S.600 00 



298 



millers' and manufacturers' INSURANCE CO. 



Income 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Income from rents, .... 

from profit on sale of securities, 

from all other sources, 
Received for calls on capital, . 

Gross cash income, 



$17,288 85 
237,012 58 

$254,301 43 
19,973 77 

$234,327 66 
59,714 55 



other sources, 



£50,000 00 



$174,613 11 

363 71 

1,569 73 

6,201 58 

1,500 00 

983 00 



|185,231 13 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid to policy holders, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expenses on real estate, 

for incidentals, 

Gross cash expenditures, .... 



f 166,307 92 

18,267 85 



$148,040 07 

5,244 44 

32,634 92 

16,821 22 

3,083 55 

7,695 77 

33,148 74 

$246,668 71 



Risks and Premiums. 

Amount. Cash Prem'8. Conting't Prem'e. 

Fire risks outs'g Dec. 31, 1899, . $9,673,725 00 $193,531 51 $255,527 67 

Fire risks written during 1900, 11,210,022 00 237,012 58 155,970 74 



Total, $20,883,747 00 $430,544 09 6411,498 41 

Deduct risks expired and t'm'd, 10,579,720 00 230,024 43 117,217 58 



In force at end of year, . .$10,304,027 00 $200,519 66 $294,280 83 
Deduct amount reinsured, . 840,227 00 18,868 34 



Net amount in force, . . $9,463,800 00 $181,651 32 



Miscellaneous. 
Losses paid from organization of company, .... $1,453,936 00 

Fire losses incurred during the year, 148,643 00 

Cash dividends declared from organization of company, . 173,400 00 






millers' national INSURANCE CO. 



299 



"MILLERS' NATIONAL INSURANCE COMPANY," CHICAGO, ILL. 

[Incorporated Feb. 16, 1865. Commenced business Sept. 1, 1869.] 

Paid-up Capital, $200,000. 

C. H. SEYBT, President. W. L. BARNUM, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States, D. C, bonds, .... $50,000 00 $62,000 00 

Cook County, 111., bonds 60,000 00 61,850 00 

City of Chicago bonds, 10,000 00 10,250 00 

Chicago Board of Trade bonds, ..." 10,000 00 10,300 00 

Chicago City Railway bonds, .... 25,000 00 25,000 00 

Chicago Passenger Railway bonds, . . . 20,000 00 20,900 00 

North Chicago City Railway bonds, . . 10,000 00 10,800 00 

St. Louis, Cass Ave. & Fair Grounds R.R. b'ds, 25,000 00 25,500 00 

Illinois Central R.R. bonds, .... 25,000 00 28,000 00 

Chicago, Burlington & Quincy R.R. bonds, . 13,000 00 13,650 00 

Chicago, Milwaukee & St. Paul R.R. bonds, . 10,000 00 12,200 00 

North Chicago Electric Railway bonds, . . 10,000 00 11,300 00 

Chicago Electric Transit Co. bonds, . . 20,000 00 22,500 00 

Central Safety Deposit Co. bonds, . . . 15,000 00 15,000 00 

Bureau County drainage bonds, . . . 14,000 00 14,000 00 

Sanitary District of Chicago bonds, . . . 20,000 00 21,200 00 

Village of Harlem, 111., bonds, .... 5,000 00 5,050 00 

Ford County, 111., bonds, 3,000 00 3,050 00 

Marseilles, 111., bonds, 5,000 00 5,150 p0 

Effingham, 111., bonds, 3,000 00 3,100 00 

Tracy, Minn., bonds, 5,000 00 5,250 00 

Osgood, Ind., bonds, 4,000 00 4,100 00 

Aberdeen, So. Dak., bonds, .... 10,000 00 11,000 00 

Des Plaines, 111., bonds, 4,500 00 4,500 00 

Bureau County, 111., bonds, .... 11,00000 11,00000 

Evanston, 111., bonds, 1,500 00 1,500 00 

Whiteside County, 111., bonds 10,000 00 10,000 00 

Illinois Staats Zeitung Co. of Chicago bonds, 4,000 00 4,000 00 

Jasper County, 111., bonds, . . . 21,000 00 21,000 00 

Lincoln, 111., bonds, 25,000 00 25,000 00 

Bonne Terre, Mo., school bonds, . . . 18,000 00 18,000 00 

Poplar Bluff, Mo., school bonds, . . . 10,000 00 10,000 00 

Town of Proviso, 111., bonds, .... 9,000 00 9,000 00 

Windsor, 111., bonds, 10,000 00 10,000 00 

Mechanicsburg, 111., school bonds, . . . 4,500 00 4,500 00 

White County, Ind., bonds, .... 10,000 00 10,000 00 

Lawrence County, 111., bonds, .... 15,000 00 15,000 00 

Mishawaka, Ind., bonds, 15,000 00 15,000 00 

Jasper County, Ind., bonds, .... 5,000 00 5,000 00 

Sullivan County, Ind., bonds, .... 5,000 00 5,000 00 



300 



MILLERS NATIONAL INSURANCE CO. 



Chicago National Bank stock, . ' 
South Side Elevated Railway stock, 



Par Value. 

$10,000 00 
11,100 00 



Market Value. 

$30,000 00 
11,045 00 



$571,600 00 $620,695 00 



Summary of Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *), $76,000 00 

Interest due or accrued thereon, . . . 1,424 16 

Stocks and bonds, as per schedule, . . . 620,695 00 

Cash in the office of the company, . . . 142 39 

Cash deposited in bank, 34,504 18 

Interest due and accrued, 9,645 72 

Premiums in course of collection (gross), . 18,744 45 
Deposit notes taken for fire risks, $2,067,377 79 

Gross assets, 



$761,155 90 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Special department, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$18,347 83 

17,529 59 

128,042 74 

3,117 60 

121,364 71 



288,402 47 

•5472,753 43 
200,000 00 



Surplus over capital, $272,753 43 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums not included last year, 

Net collected, ..... 
Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest and dividends received from all sources, 

Gross cash income, 



$12,770 92 
723 25 

$13,494 17 
377,843 38 

$391,337 55 
18,744 45 

$372,593 10 
33,173 32 



$339,419 78 
33,272 95 

$372,692 73 



* Value of lands mortgaged, $81,500 00 

Value of buildings thereon 128,000 00 

Amount of insurance held as collateral, .... 71,000 00 



MILWAUKEE FIRE INSURANCE CO. 



301 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$265,532 74 
912 70 



$264,620 04 

17,082 97 

42,060 83 

6,346 19 

21,549 53 

$351,659 56 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 



.|18,966,327 00 
. 13,343,623 00 



$32,309,950 00 
9,850,208 00 



Premiums. 

$307,304 47 
183,145 98 

$490,450 45 
138,414 43 



$22,459,742 00 $352,036 02 



Miscellaneous. 

Prem's and assessments rec'd from organization of company, . $4,397,761 00 

Losses paid from organization of company, .... 3,199,126 00 

Fire losses incurred during the year, 275,502 00 



" MILWAUKEE FIRE INSURANCE COMPANY," MILWAUKEE, WIS. 

[Incorporated March 22, 1898. Commenced business March 23, 1898.] 

Paid-up Capital, $200,000. 

WM. L. JONES, President. H. A. NOLTE, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

$25,000 00 



United States bonds, . 
South Side Elevated R.R. bonds, 
Milwaukee & Northern R.R. bonds, 
Union Pacific R.R. bonds, . . , 
Chic, Mil. & St. Paul. R.R. bonds, , 



61,500 00 
50,000 00 
10,000 00 
30,000 00 



Market Value. 

$34,375 00 

63,345 00 

60,500 00 

10,500 00 

35,325 00 



$176,500 00 $204,045 00 



Summary of Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *), $ 184,200 00 
Interest due or accrued thereon, . . . 1,967 86 

Stocks and bonds, as per schedule, . . . 204,045 00 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$230,300 00 
210,450 00 
143,000 00 



302 



MILWAUKEE FIRE INSURANCE CO. 



Cash in the office of the company, . . . $1,921 81 

Cash deposited in bank-, 28,663 63 

Premiums in course of collection (gross), . 15,750 32 

Gross assets, 

Liabilities. 

Losses adjusted, unpaid, $2,379 93 

claimed and reported, .... 13,042 29 

disputed or resisted, .... 4,862 50 

Total amount of losses, $20,284 72 

Less reinsurance, 5,490 62 

Net amount of unpaid losses, .... $14,794 10 

Unearned premiums on outstanding risks, . 109,825 27 

Commissions and brokerage, .... 3,150 06 

Reserve for reinsurance company, • . . 8,760 99 

Reinsurance disallowed, 167 05 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



$436,548 62 



136,697 47 

$299,851 15 
200,000 00 



,851 15 



Income. 

Fire premiums outstanding Dec. 31, 1899, . f 27,882 59 
Premiums on risks written or renewed, . . 232,497 47 

Total, $260,380 06 

Premiums now in course of collection, . . 15,750 32 

Entire premiums collected, .... $244,629 74 
Less reinsurance and return premiums, . . 67,560 81 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Income from profit on sale of securities, 

Contributed by stockholders, .... $100,000 00 



$177,068 93 

7,264 46 

8,074 01 

828 75 



Gross cash income, $193,236 15 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State aud local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$181,635 96 
83,982 14 



$97,653 82 

47,595 03 

12,331 56 

7,706 93 

29,623 40 

$194,910 74 



MILWAUKEE MECHANICS INSURANCE CO. 



303 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $24,515,354 00 
. 18,606,766 00 



. $43,122,120 00 
. 18,608,930 00 

. $24,513,190 00 
. 8,088,470 00 



Premiums. 

$316,035 79 
232,497 47 

$548,533 26 
248,473 95 

$300,059 31 
95,483 23 



. $16,424,720 00 $204,576 08 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$457,813 00 

262,665 00 

88,679 00 

79,400 00 



"MILWAUKEE MECHANICS' INSURANCE COMPANY," 
MILWAUKEE, WIS. 

[Incorporated Feb. 15, 1852. Commenced business April 1, 1852.] 
Paid-up Capital, $200,000. 
WM. L. JONES, President. G. W. GROSSENBACH, Secretary. 



Detailed Statement of Stocks and Bonds. 



United States bonds, . 

Racine (Wis.) bonds, 

Milwaukee County bonds, 

Milwaukee city bonds, 

Brown County, Wis., bonds, 

St. Paul, Minn., bonds, 

Ramsey County, Minn., bonds, 

Sanitary Dist. of Chicago bonds, 

South Side (Chic.) Elevated R.R. Co. bonds, 

Washington County, Wis., bonds, . 

Milwaukee &• Northern R.R. Co. bonds, . 

Chicago & Alton R'y Co. bonds, 

Union Pacific R.R. Co. bonds, . 

Elgin, Joliet & Eastern R'y Co. bonds, . 

Hannibal & St. Joseph R.R. Co. bonds, . 

Milwaukee Light, Heat & Traction Co. bonds, 

Mil. Underwriters' Building Asso. stock, 



Par Value. 

$25,000 00 
22,000 00 
23,000 00 

193,000 00 
20,000 00 

225,000 00 

100,000 00 
50,000 00 

100,000 00 
45,000 00 
50,000 00 
30,000 00 
25,000 00 
25,000 00 
5,000 00 
25,000 00 
3,476 00 



Market Value. 

$27,250 00 
24,860 00 
25,328 75 

208,602 50 
21,350 00 

259,687 50 

114,343 75 
54,187 50 

103,000 00 
47,475 00 
60,500 00 
25,050 00 
26,250 00 
27,781 25 
6,050 00 
25,125 00 
4,789 00 



§966,47(5 00 $1,061,630 25 



304 



MILWAUKEE MECHANICS INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens *), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, 

Cash in the office of the company, 

Cash deposited in bank, . 

Interest due and accrued, . 

Premiums in course of collection (gross), 

Gross assets, f 

Deduct special deposits in other States, . 

Balance, 



$67,500 00 

1,119,687 44 

20,727 26 

1,061,630 25 

40,111 38 

60,810 47 

5,07 > 13 

144,368 97 



£2,519,913 90 
10,900 00 

$2,509,013 90 



Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reserve for reinsurance company, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$24,137 46 
49,976 57 
10,950 00 

$85,064 03 
18,738 53 

$66,325 50 

821,032 72 

24,061 49 

53,141 91 

1,571 48 



966,133 10 



. $1,542,880 80 
200,000 00 



Surplus over capital, $1,342,880 80 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 



$152,257 18 
1,193,551 28 

$1,345,808 46 
144,368 97 

$1,201,439 49 
301,176 60 



$900,262 89 



* Value of lands mortgaged, $2,135,770 00 

Value of buildings thereon 1,027,950 00 

Amount of insurance held as collateral, .... 61S.550 00 
t Including $200,000 special reserve held by treasurer of State of Wisconsin. 



THE NASSAU FIRE INSURANCE CO. OF BROOKLYN. 305 



Interest received on mortgages, .... 
Interest and dividends received from all other sources, 

Income from rents, 

Income from all other sources, .... 

Gross cash income, . . . . • . 

Expenditures. 

Cash paid for fire losses, $651,229 

Deduct salvage and reinsurance, . . . 120,296 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expense on real estate, 

for incidentals, 

Gross cash expenditures, . 

Risks and Premiums. 



$78,869 43 

41,259 97 

3,914 00 

3,787 10 

$1,028,093 39 



01 
47 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . . . 
Deduct amount reinsured, 

Net amount in force, 



$152,296,066 
. 96,037,125 



$530,932 54 
80,000 00 
219,223 54 
65,818 46 
40,648 59 
1,067 15 
77,192 02 

$1,014,882 30 



Premiums. 

00 $1,800,307 39 
00 1,193,551 2& 



$248,333,191 
. 95,183,489 



00 $2,993,858 66 
00 1,186,831 67 



$153,149,702 
. 17,256,962 



00 $1,807,026 99 
00 216,197 58 



$135,892,740 00 $1,590,829 41 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (40 per cent.), 
Company's stock owned by directors, .... 



$16,105,689 00 
8,160,241 00 
521,379 00 
900,000 00 
80,000 00 
61,580 00 



"THE NASSAU FIRE INSURANCE COMPANY OF BROOKLYN/' 

NEW YORK, N. Y. 

[Incorporated Jan. 30, 1852. Commenced business Feb. 3, 1852.] 

Paid-up Capital, $200,000. 

WM. T. LANE, President. THOS. M. HARRIS, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

. $200,000 00 $241,925 00 
10,000 00 29,000 00 



United States bonds, . 

Nassau National Bank stock, . 



306 



THE NASSAU FIRE INSURANCE CO. OF BROOKLYN. 



Mechanics' Bank stock, . 
National City Bank stock, 
Brooklyn Bank stock, 
Brooklyn City R.R. stock, 
Brooklyn Rapid Transit bonds, 
Portland Gas Light Co. bonds, 
Portland Gas Light Co. stock, . 



Par Value. 

$8,600 00 
2,500 00 

5,000 00 
80,000 00 
15,000 00 
25,000 00 
12,500 00 



Market Value. 

$17,200 00 

7,250 00 

5,500 00 

186,400 00 

16,200 00 

25,000 00 

3,125 00 



$358,600 00 8531,600 00 



Summary of Assets Dec 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Prem's more than three mos. due, $7,154 44 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
Due for borrowed money, . . . 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



$531,600 00 

118 20 

3,850 90 

5,748 95 

27,156 16 



Surplus over capital, 



16,500 00 

8,000 00 

76,217 63 

28,000 00 

2,000 00 

1,436 91 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 



Net collected, . • . 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 



Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 
Income from rents, 



$20,715 07 
6,188 10 

$14,526 97 
126,285 39 

$140,812 36 
34,310 60 

$106,501 76 
29,159 12 



$568,474 21 



122,154 54 

$446,319 67 
200,000 00 

$246,319 67 



$77,342 64 

21,777 50 

1,767 42 



Gross cash income, , $100,887 56 



NATIONAL FIRE INSURANCE CO. OF HARTFORD. 



307 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$86,266 71 
1,667 60 



$84,599 11 

20,000 00 

4,306 84 

10,153 43 

1,046 07 

7,801 90 



Gross cash expenditures, $127,907 35 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

.$15,152,369 00 $105,590 81 
. 15,602,862 00 126,285 39 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$30,755,231 00 $231,876 20 
. 11,205,675 00 79,419 02 



. $19,549,556 00 $152,457 18 
609,342 00 2,886 95 



.$18,940,214- 00 $149,570 23 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . . ... 



$3,232,860 00 

1,276,682 00 

77,560 00 

1,302,500 00 

20,000 00 

39,250 00 



"NATIONAL FIRE INSURANCE COMPANY OF HARTFORD," 

HARTFORD, CONN. 

[Incorporated June 4, 1869. Commenced business Dec. 1, 1871.] 

Paid-up Capital, $1,000,000. 

JAMES NICHOLS, President. B. It. STILLMAN, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Atch., Topeka & Santa Fe R'y bonds, . . $25,000 00 $25,000 00 

Bangor & Aroostook R.R. Co. bonds, . . 15,000 00 16,500 00 

Buffalo R'y Co. bonds, 25,000 00 27,500 00 

Chesapeake & Ohio' R'y Co. bonds, . . . 20,000 00 19,000 00 



308 



NATIONAL FIRE INSURANCE CO. OF HARTFORD. 



Chicago, Burl. & Quincy R R. Co. bonds, 
Chicago & Ind. Coal R'y Co. bonds, 
Chicago, Mil. & St. Paul R.R. Co. bonds, 
Chic. North Shore St. R'y Co. bonds, 
Chicago & Northwestern R.R. Co. bonds, 
Chic. Term. Transf. R.R. Co. bonds, 
Chicago & Western Ind. R R. Co. bonds, 
Cin., Dayton & Ironton R.R. Co. bonds, . 
Cin., Indian., St. Louis & Chic. R.R. Co. bonds 
Cleve., Cin., Chic. & St. Louis R'y Co. bonds, 
Cleve., Col., Cin. & Indian. R.R. Co. bonds, 
Cleve., Loraine & Wheeling R.R. Co. bonds, 
Danbury & Norwalk R.R. Co. bonds, 
East Tenn., Va. & Ga. R.R. Co. bonds, . 
Erie Railway Co. bonds, .... 
Evansville & Terre Haute R.R. Co. bonds, 
Hartford & Conn. Western R.R. Co. bonds, 
Houston & Texas Cent. R.R. Co. bonds, . 
Hunt. & Broad Top Mt. R.R. & Coal Co. bonds 
Iowa Central R'y Co. bonds, . 
Kanawha & Michigan R'y Co. bonds, 
Kansas City Cable Li'y Co. bonds, . 
Knoxville & Ohio R.R. Co. bonds, . 
Louis., New Albany & Chic. R'y Co. bonds, 
Louisville & Nashville R.R. Co. bonds, . 
Minneapolis & St. Louis R.R. Co. bonds, 
Mobile & Ohio R.R. Co. bonds, 
Morgan's La. & Texas R.R. & S.S. Co. bonds, 
Nash., Chat. & St. Louis R'y Co. bonds, . 
Naumkeag Street R'y Co. bonds, 
N. Y., N. H. & Hart. R.R. deben. certs., . 
Nodaway Valley R.R. Co. bonds, 
Norfolk & Western R.R. bonds, 
Northern Ohio R'y Co. bonds, . 
Northwestern Elevated R.R. Co. bonds, . 
Peoria & Pekin Union R'y Co. bonds, 
Piedmont & Cumberland R'y Co. bonds, . 
Richmond & Danville R.R. Co. bonds, 
Rochester & Pittsburg R.R. Co. bonds, . 
Sandusky, Mans. & Newark R.R. Co. bonds, 
St. Louis & San Francisco R'y Co. bonds, 
St. Paul & Northern Pacific R'y Co. bonds, 
Seaboard & Roanoke R.R. Co. bonds, 
Savan., Florida & Western R'y Co. bonds, 
Southern Pacific R.R. Co. bonds, 
Southern Railway Co. bonds, . 
Toledo & Ohio Cent. Railway Co. bonds, 
Toledo Traction Co. bonds, 



Par Value. 

$2,000 00 
40,000 00 
30,000 00 
25,000 00 
19,000 00 
20,000 00 
61,000 00 
10,000 00 
35,000 00 
4,000 00 
35,000 00 
50,000 00 
10,000 00 
30,000 00 
50,000 00 
10,000 00 
10,000 00 
35,000 00 
25,000 00 
50,000 00 
15,000 00 
33,000 00 
20,000 00 
35,000 00 
25,000 00 
15,000 00 
25,000 00 
47,000 00 
15,000 00 
20,000 00 
30,000 00 
5,000 00 
11,000 00 
50,000 00 
25,000 00 
40,000 00 
25,000 00 
20,000 00 
51,000 00 
40,000 00 
50,000 00 
35,000 00 
50,000 00 
25,000 00 
25,000 00 
24,000 00 
67,000 00 
25,000 00 



Market Value. 

$2,000 00 
41,600 00 
34,900 00 
25,500 00 
21,280 00 
19,000 00 
70,550 00 
10,800 00 
35,700 00 

4,000 00 
45,500 00 
54,000 00 
11,500 00 
34,500 00 
67,500 00 
10,000 00 
10,000 00 
38,500 00 
26,250 00 
55,000 00 
13,500 00 
33,000 00 
23,600 00 
39,200 00 
31,250 00 
14,550 00 
31,250 00 
61,570 00 
16,500 00 
20,400 00 
55,500 00 

5,000 00 
10,450 00 
55,000 00 
26,000 00 
40,000 00. 
26,250 00 
20,400 00 
63,240 00 
42,000 00 
61,500 00 
44,800 00 
52,500 00 
27,000 00 
26,250 00 
25,200 00 
71,700 00 
25,000 00 



NATIONAL FIRE INSURANCE CO. OF HARTFORD. 



309 



Union Pacific R.R. Co. bonds, 

Wabash Railroad Co. bonds, 

West Va Cent & Pitts. R'y Co. bonds, 

Wheeling & Lake Erie R'y Co. bonds, 

Galveston city bonds, 

Georgia State bonds, 

Lincoln city bonds, . 

Portland city bonds, . 

Richmond city bonds, 

Silver City, N. M., bonds, 

Territory of Arizona bonds, 

Brooklyn Wharf & Warehouse Co. bonds, 

Galveston Wharf Co. bonds, . 

National Bond & Security Co. bonds, 

Sch. Dist. No. 2, Springwells Twp., Mich., b'ds 

Suffield & Thompsonville Bridge Co. bonds, 

45 shares Atch., Top. & Santa Fe R.R. Co., 
300 " Belt R.R. & Stock Yd. Co., Ind'lis, 
200 " Cleveland & Pittsburgh R.R. Co., 
125 " Chic, Burl. & Quincy R.R. Co., 
363 " Chic, Rock Isl. & Pacific R.R. Co., 
200 " Ft. Wayne & Jackson R.R. Co., 
200 " Georgia R.R. & Banking Co., . 
167 " Illinois Central R.R. Co., 

750 " N. Y., N. H. & Hartford R.R. Co., 
200 " New York & Harlem R.R. Co., 
575 " N. Y. Cent. & H. R. R.R. Co., 
154 " Norfolk & Western R.R. Co., . 
150 " Oswego & Syracuse R.R. Co., 
836 " Pennsylvania R.R. Co., . 
100 " Peoria & Bureau Valley R.R. Co., 
200 " Pitts., Ft. Wayne & Chic. R.R. Co. 

25 " St. Jos., So. B'd & South'n R.R. Co. 

80 " Southern Railway Co., . 
150 " Union Pacific Railroad Co., 
250 " iEtna National Bank, Hartford, 

17 " Charter Oak National Bank, Hart., 

25 " Central National Bank, N. Y., 

46 " City Bank, Hartford, 

100 " Far. & Mech. Nat'l Bank, Hart., 
509 " Hartford National Bank, Hart., 
360 " Nat'l Exch. Bank, Hartford, . 
75 " Nat'l Bank of the Repub., Boston, 
10 " Natl Bank of Com., Kan. City, 
450 " Phoenix Nat'l Bank, Hartford, 
100 " St. Paul Nat'l B'k, St. Paul, Minn., 
25 " Second Nat'l Bank, New Haven, 
100 " Thames National Bank, Norwich, 



Par Value. 

$50,000 00 
20,000 00 
75,000 00 
20,000 00 
25,000 00 
25,000 00 
12,000 00 
50,000 00 
50,000 00 
10,000 00 
20,000 00 
50,000 00 
25,000 00 
10,000 00 
12,000 00 
28,000 00 
4,500 00 
15,000 00 
10,000 00 
12,500 00 
36,300 00 
20,000 00 
20,000 00 
16,700 00 
75,000 00 
10,000 00 
57,500 00 
15,400 00 
7,500 00 
41,800 00 
10,000 00 
20,000 00 
2,500 00 
8,000 00 
15,000 00 
25,000 00 
51,700 00 
2,500 00 
4,600 00 
10,000 00 
50,900 00 
18,000 00 
7,500 00 
1,000 00 
45,000 00 
10,000 00 
2,500 00 
10,000 00 



Market Value. 

$52,000 00 
22,400 00 
84,000 00 
22,200 00 
25,000 00 
28,750 00 
12,000 00 
61,500 00 
50,000 00 
10,000 00 
21,000 00 
35,000 00 
25,000 00 
10,000 00 
12,000 00 
28,000 00 
3,600 00 
12,500 00 
18,000 00 
16,250 00 
39,930 00 
28,000 00 
42,000 00 
20,450 00 
153,750 00 
40,000 00 
77,625 00 
11,550 00 
15,000 00 
58,520 00 
20,000 00 
36,000 00 
1,500 00 
4,800 00 
11,250 00 
45,000 00 
50,666 00 
4,125 00 
5,060 00 
11,500 00 
69,224 00 
21,600 00 
10,500 00 
1,200 00 
54,450 00 
9,000 00 
4,250 00 
15,000 00 



310 



NATIONAL FIRE INSURANCE CO. OF HARTFORD. 



809 shares Commercial Union Telegraph Co., 
100 " Gold & Stock Telegraph Co., . 
207 " Hartford City Gas Lt. Co., Hart., 
600 " HI. & Miss. Telegraph Co., . 
500 " Northwestern Telegraph Co.,. 



Summary of Assets Dec 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *) 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 

Gross assets, 

Deduct special deposits in other States, . 



Par Value. 

$20,225 00 

10,000 00 

5,175 00 

30,000 00 

25,000 00 



Market Value. 

$24,876 00 

11,600 00 

9,315 00 

21,600 00 

28,750 00 



Balance, $4,842,442 38 



$2,692,800 00 $3,175,981 00 

31, 1900. 

$331,784 94 

708,815 00 

3,175,981 00 

545 93 

286,594 15 

488,971 36 

$4,992,692 38 

150,250 00 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Reserve for contingencies, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$84,755 86 

139,996 22 

22,737 79 

2,045,419 76 

70,903 04 

70,000 00 

3,385 38 

25,000 00 

$2,462,198 05 
61,111 73 



2,401,086 32 

. ^2,441,356 06 
. 1,000,000 00 



$1,441,356 06 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $438,477 18 

Premiums on risks written or renewed, . . 3,691,385 98 

Total $4,129,863 16 

Premiums now in course of collection, . . 488,971 36 

Entire premiums collected, .... $3,640,891 80 

Less reinsurance and return premiums, . . 905,304 68 

Net cash fire premiums received, . . . 



$2,735,587 12 



* Value of lands mortgaged, $1,054,530 00 

Value of buildings thereon, 1,03S,600 00 

Amount of insurance held as collateral, . . . 6S4.S30 00 



NATIONAL-STANDARD INSURANCE CO. OF NEW YORK. 311 



Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Income from rents, 

Income from profit on sale of investments, 



$41,961 04 

149,122 88 

3,026 01 

2,781 75 



Gross cash income, $2,932,478 80 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, . . . 

Net cash paid for fire losses, . . . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



$1,796,024 
271,139 



13 

20 



Fire risks outstanding Dec. 81, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$390,393,438 
. 380,426,541 



$ 1,524,884 93 
120,000 00 
467,903 20 
183,241 96 
94,541 63 
355,248 17 

$2,745,819 89 



Premiums. 

00 $3,904,803 62 
00 3,691,385 98 



$770,819,979 
. 300,568,177 



00 $7,596,189 60 
00 2,984,245 16 



$470,251,802 
. 68,784,295 



00 $4,611,944 44 
00 598,898 22 



$401,467,507 00 $4,013,046 22 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, .... 



$31,197,348 00 

16,338,441 00 

1,561,517 00 

2,657,000 00 

120,000 00 

85,300 00 



"NATIONAL-STANDARD INSURANCE COMPANY OF NEW YORK," 

NEW YORK, N. Y. 

[Incorporated Feb. 14, 1896. Commenced business Feb. 20, 1896.] 

Paid-up Capital, $200,000. 

JOEL FRANCIS FREEMAN, President. EMIL G. PIEPER, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $200,000 00 $212,000 00 

New York city bonds, 200,000 00 211,650 00 



$400,000 00 $423,650 00 



312 NATIONAL-STANDARD INSURANCE CO. OF NEW YORK. 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Reinsurance due on losses paid, 

Gross assets, 



$423,650 00 

9 64 

63,151 17 

2,436 61 

58,511 08 

162 00 



1547,920 50 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums, 
Reinsurance, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$2,218 00 

25,475 00 

1,635 00 

$29,328 00 
9,841 00 

$19,487 00 
144,443 20 

12,348 70 
6,818 58 

10,530 15 



193,627 63 

$354,292 87 
200,000 00 

8154,292 87 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest and dividends received from all sources, 

Profit on sale of bonds, 



$42,877 32 
404,987 61 

$447,864 93 
58,511 08 

$389,353 85 
150,474 26 



Gross cash income, 



8238,879 59 
13,292 18 
25,750 00 

$277,921 77 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 



$247,547 88 
66,644 61 



$180,903 % 



NEWARK FIRE INSURANCE CO. 



313 



Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 
for salaries of officers, 
for State and local taxes, 
for incidentals, .... 

Gross cash expenditures, . 



$1,748 70 




1,484 36 






$264 34 






24,000 00 




72,935 65 




2,765 00 




7,820 06 




2,334 39 


■ • t • 


$291,022 71 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $27,512,584 00 $257,213 52 



Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 



. 38,655,272 00 404,987 61 



,167,856 00 $662,201 13 
34,235,215 00 317,669 35 



.$31,932,641 00 
. 6,447,870 00 



$344,531 78 
63,896 73 



Net amount in force, . 



.$25,484,771 00 $280,635 05 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, .... 



$1,121,709 00 

649,626 00 

157,361 00 

474 00 

102,000 00 

24,000 00 

92,000 00 



" NEWARK FIRE INSURANCE COMPANY," NEWARK, N. J. 

[Incorporated May 14, 1810. Commenced business May 14, 1S10.] 

Paid-up Capital, $250,000. 

JOHN J. HENRY, President. EDWARD E. HORSCHEL, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $38,000 00 f 43,400 00 

West Shore R.R. bonds 48,000 00 54,800 00 

Orange & Newark H. C. R.R. bonds, . . 25,000 00 26,750 00 

Newark & Bloomfield Street R.R. bonds, . 2,000 00 2,000 00 

Essex Passenger R.R. bonds, .... 5,000 00 5,350 00 

Hoboken Land & Improvement bonds, . . 25,000 00 26,250 00 

Essex County bonds, 25,000 00 28,000 00 



314 



NEWARK FIRE INSURANCE CO. 



Newark Gas Co. bonds, . 
Morris & Essex R.R. stock, 
Newark city water bonds, 
National State Bank stock, 
National Newark Banking Co. stock, 
Newark City National Bank stock, . 
Elizabeth city bonds, 



Par Value. 

$10,000 00 
20,000 00 

4,000 00 
15,900 00 

7,700 00 
14,250 00 
15,000 00 



Market Value. 

1 14,000 00 
37,000 00 
4,480 00 
29,415 00 
15,400 00 
26,362 50 
15,000 00 



$254,850 00 $328,207 50 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Prem's more than three mos. due, $3,186 19 
Gross assets, 



$89,500 00 

230,580 00 

3,113 92 

328,207 50 

695 52 

15,068 66 

3,101 65 

19,215 25 

555 00 



$690,037 50 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 

Surplus over capital, . 



$2,147 70 

2,565 42 

3,850 00 

$8,563 12 

61 77 

$8,501 35 

109,589 41 

6,885 35 

517 10 

4,587 54 

641 97 

50 00 



130,772 72 

$559,264 78 
250,000 00 

8309,264 78 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



£228,650 00 
380,200 00 

3U.SO0 00 



NEWARK FIRE INSURANCE CO. 



315 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $17,722 12 
Same not collected, 861 08 

Net collected, $16,861 04 

Premiums on risks written or renewed, . . 158,747 05 

Total, $175,608 09 

Premiums now in course of collection, . . 22,401 44 

Entire premiums collected, .... $153,206 65 
Less reinsurance and return premiums, . . 25,924 55 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



Gross cash income, 

Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for expenses on real estate, 

for incidentals, .... 

Gross cash expenditures, .... 



591,250 84 
12,950 25 



$127,282 10 

12,498 12 

14,305 30 

1,793 45 

$155,878 97 



$78,300 59 
24,797 00 
27,693 69 
20,984 18 
6,898 05 
853 28 
12,212 80 

$171,739 59 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

.$27,424,249 00 $215,410 04 
. 19,812,666 00 158,747 05 



Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $47,236,915 00 $374,157 09 
. 18,512,690 00 144,916 67 



.$28,724,225 00 $229,240 42 
. 1,875,700 00 13,516 40 



. $26,848,525 00 $215,724 02 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . . . . 



$5,252,015 00 

2,712,962 00 

73,400 00 

890,577 00 

25,000 00 

24,865 00 



316 



NEW HAMPSHIRE FIRE INSURANCE CO. 



"NEW HAMPSHIRE FIRE INSURANCE COMPANY," 
MANCHESTER, N. H. 

[Incorporated 1869. Commenced business April, 1870.] 

Paid-up Capital, $1,000,000. 

U. C. CROSBY, President. F. W. SARGEANT, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States government bonds, . . . $25,000 00 $28,500 00 

City of Cleveland, O., bonds, .... 50,000 00 51,000 00 

City of Columbus, O , bonds, .... 10,000 00 10,500 00 

City of Ashtabula, O., bonds, .... 6,000 00 6,000 00 

City of Dayton, O., bonds, .... 2,000 00 2,000 00 

City of Salem, Mass., bonds, .... 7,000 00 7,000 00 

City of East Portland, Ore., bonds, . . . 25,000 00 30,000 00 

City of Seattle, Wash., bonds, .... 10,000 00 10 : 500 00 

City of Moorhead, Minn , bonds, . . . 6,000 00 6,000 00 

State of Georgia bonds, 10,000 00 11,500 00 

Central R.R. Co. of New Jersey bonds, . . 30,000 00 36,550 00 

Watertovvn & Rome R R. bonds, . . . 10,000 00 11,000 00 

Holly, Wayne & Monroe R'y Co. bonds, . . 25,000 00 25,000 00 

New York & New England R.R. bonds, . . 20,000 00 22,400 00 

Boston, Concord & Montreal R.R. bonds, . 50,000 00 60,000 00 

Concord & Montreal R.R. bonds, . . . 140,000 00 148,400 00 

Fitchburg R.R. bonds, 40,000 00 42,000 00 

Atchison, Topeka & Santa Fe R.R. bonds, . 50,000 00 50,000 00 

Grand Rapids, Belding & Saginaw R.R. bonds, 8,000 00 8,800 00 

Chicago, Burlington & Quincy R.R. bonds, . 53,000 00 56,150 00 

Chicago, Milwaukee & St. Paul R.R. bonds, . 25,000 00 25,000 00 

Union Pacific R.R. bonds, 10,000 00 10,500 00 

Northern Pacific R.R. bonds, .... 25,000 00 25,000 00 

Oregon Short Line R.R. bonds, . . . 20,000 00 24,200 00 

Michigan Central R.R. bonds, .... 35,000 00 36,750 00 

Montana Central R.R bonds, .... 25,000 00 29,250 00 

Lehigh Valley Terminal R'y Co. bonds, . . 25,000 00 27,500 00 

Utah & Northern R.R. bonds, .... 12,000 00 14,280 00 

West End Street R'y Co. bonds, . . . 5,000 00 5,150 00 

Hillsborough County, N. H., bonds, . . 15,000 00 15,000 00 

Adams Express Co. bonds, .... 25,000 00 26,000 00 

Minneapolis Gas Light Co. bonds, . . . 20,000 00 ,000 00 

Central Loan & Land Co. bonds, . . . 14,300 00 9,800 00 

National Loan & Trust Co. bonds, . . . 10,000 00 7,500 00 

Nashua Card & Glazed Paper Co. bonds, . 10,000 00 10,000 00 

Grand Forks Gas & Electric Co. bonds, . . 5,000 00 5,000 00 

Minneapolis General Electric Co. bonds, . . 25,000 00 25,500 00 

Swift & Co., Chicago, bonds, .... 25,000 00 25,500 00 



NEW HAMPSHIRE EIRE INSURANCE CO. 



317 



American Telephone & Telegraph Co. bonds, 
Erie Telegraph and Telephone Co. bonds, 
Suncook Valley R.R. stock, 
Pennsylvania R.R. stock, .... 
N. Y. Central & Hudson River R.R. stock, 
N. Y., New Haven & Hartford R.R. stock, 
Norwich & Worcester R.R. stock, . 
Pemigewasset Valley R.R. stock, 
Boston & Albany R.R. stock, . 
Boston & Maine R.R. stock, 
Concord & Montreal R.R. stock, 
Delaware & Hudson Canal Co. stock, 
Maine Central R.R. stock, 
Northern R.R., N. H., stock, 
Fitchburg R.R. stock, .... 
Pittsburg, Fort Wayne & Chicago R.R. stock 
Chicago, Burlington & Quincy R.R. stock, 
Illinois Central R.R. stock, 
Chicago, Rock Island & Pacific R.R. stock, 
Chic. June. R'ys & Union Stock Yards Co. stock 
Chicago & Northwestern R.R. stock, 
Chicago, Milwaukee & St. Paul R.R. stock, 
Merchants' N'l B'k, Manchester, N. H., stock, 
Pemigewasset N'l B'k, Plymouth, N. H., stock 
First Nat'l Bank, Peterborough, N. H., stock, 
First National Bank, Concord, N. H., stock, 
Laconia National Bank, Laconia, N. H., stock 
Lancaster Nat'l Bank, Lancaster, N. H., stock 
Lancaster Trust Co., Lancaster, N. H., stock, 
Exeter Banking Co., Exeter, N. H., stock, 
Amoskeag Mfg. Co., Manchester, N. H., stock 
Amory Manufacturing Co. stock, 
Manchester Mills, Manchester, N. H., stock, 
Stark Mills, Manchester, N. H., stock, 
Quincy R.R. Bridge Co. stock, . 
Pullman's Palace Car Co. stock, 
Manchester, N. H., Gas Light Co. stock, . 
American Express Co. stock, . 
Adams Express Co. stock, 



Par Value. 

f 15,000 00 
15,000 00 
4,000 00 
55,000 00 
57,500 00 
40,000 00 
5,000 00 
26,000 00 
20,000 00 
30,000 00 
37,500 00 
30,000 00 
10,000 00 
13,000 00 
10,000 00 
20,000 00 
77,400 00 
50,000 00 
22,000 00 
20,000 00 
40,000 00 
20,000 00 
13,000 00 
6,000 00 
5,000 00 
8,000 00 
1,700 00 
5,000 00 
2,500 00 
1,000 00 
10,000 00 
3,300 00 
40,000 00 
10,000 00 
20,000 00 
30,000 00 
2,000 00 
10,000 00 
10,000 00 



Market Value. 

$15,000 00 

15,000 00 

4,800 00 

77,000 00 

80,500 00 

83,600 00 

10,000 00 

32,500 00 

49,000 00 

55,000 00 

73,125 00 

34,500 00 

16,000 00 

21,190 00 

13,500 00 

36,000 00 

104,490 00 

62,500 00 

24,640 00 

25,000 00 

64,000 00 

30,000 00 

16,250 00 

8,400 00 

6,500 00 

24,000 00 

1,700 00 

6,250 00 

2,500 00 

1,100 00 

17,000 00 

4,455 00 

39,200 00 

10,000 00 

40,000 00 

60,000 00 

12,000 00 

16,000 00 

14,000 00 



$1,703,200 00 $2,171,930 00 



Securities held as collateral for cash loans : — 

250 shares Swift Refrig. Transportation Co., . 
426 " Exeter Mfg. Co., .... 

Exeter Mfg. Co. bonds, 

Mortgage note, 



Market Value. Loaned Thereon. 



$32,500 00 

21,300 00 

12,000 00 

4,000 00 



$25,000 00 
25,000 00 

2,755 00 



$69,800 00 $52,755 00 



318 



NEW HAMPSHIRE FIRE INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Miscellaneous, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



$156,417 83 

585,374 00 

6,551 00 

2,171,930 00 

52,755 00 

601 75 

248,377 64 

1,337 45 

191,575 46 



$66,408 04 

97,858 00 

16,520 00 

1,177,182 78 

47,893 86 

5,802 42 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 



Gross cash income, 



sources, 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 



$1,019,888 67 
190,994 61 



$3,414,920 13 



1,411,665 10 

. $2,003,255 03 
. 1,000,000 00 



. $1,003,255 03 



$218,934 89 
1,741,658 38 

$1,960,593 27 
191,575 46 

$1,769,017 81 
464,892 03 



$1,304,125 78 

33,727 35 

102,233 73 

16,870 75 

13,023 26 

$1,469,980 87 



$828,894 06 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$60-2,442 00 

250 00 

534,650 00 



NEW YORK FIRE INSURANCE CO. 



319 



Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, . . . . 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$178,246,554 00 
151,157,717 00 

$329,404,271 00 
118,186,700 00 

$211,217,571 00 
13,519,753 00 



$100,000 00 

305,609 63 

65,143 78 

60,698 65 

110,948 35 

1,471,294 47 



Premiums. 

$2,251,530 44 
1,741,658 38 

$3,993,188 82 
1,534,780 50 

$2,458,408 32 
151,521 71 



$197,697,818 00 $2,306,886 61 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$18,017,462 00 
9,776,759 00 
851,876 00 
1,273,000 00 
100,000 00 
230,100 00 



"NEW YORK FIRE INSURANCE COMPANY OF THE CITY OF 
NEW YORK," NEW YORK, N. Y. 

[Incorporated April 18, 1832. Commenced business Dec. 22, 1832.] 

Paid-up Capital, $200,000. 

AUGUSTUS COLSON, President. CHARLES A. HULL, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, $200,000 00 

N. Y., New Haven & Hartford R.R. stock, . 10,000 00 

N. Y. Central & Hudson River R.R. stock, . 10,000 00 

Pennsylvania R.R. stock, 10,000 00 

Delaware, Lack. & Western R.R. stock, . . 10,000 00 



Market Value. 

$214,000 00 
21,200 00 
14,400 00 
14,800 00 
19,300 00 



$240,000 00 $283,700 00 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $100,000 00 
Stocks and bonds, as per schedule, . . . 283,700 00 
Cash in the office of the company, . , . 3,701 20 



320 



NEW YORK FIRE INSURANCE CO. 



Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Gross assets, 



$7,778 67 

240 27 

36,800 07 

54 17 



$432,274 38 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, , 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



$1,418 05 

29,056 30 

334 60 

$30,808 95 
2,242 25 

$28,566 70 

162,004 39 

5,751 98 

91 12 



196,414 19 

$235,860 19 
200,000 00 



Surplus over capital, $35,860 19 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $25,422 61 

Premiums on risks written or renewed, . . 210,615 63 

Total, $236,038 24 

Premiums now in course of collection, . . 30,642 63 

Entire premiums collected, .... $205,395 61 

Less reinsurance and return premiums, . . 37,098 03 

Net cash fire premiums received, . . . $168,297 58 

Marine premiums outstanding Dec. 31, 1899, . $6,157 51 

Premiums on risks written or renewed, . . 81,851 61 

Total, $88,009 12 

Premiums now in course of collection, . . 6,157 44 

Entire premiums collected, .... $81,851 68 

Less reinsurance and return premiums, . . 7,200 94 

Net cash marine premiums received, . . 74,650 74 

Interest and dividends received from all sources, . . . 12,537 86 

Income from rents, 1,908 30 



Gross cash income, $257,394 48 



NEW YORK FIRE INSURANCE CO. 



321 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, 

Cash paid for marine and inland losses, . 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$116,127 43 
2,153 18 

$47,054 83 
1,854 89 



Gross cash expenditures, 



$113,974 25 



45,199 94 
12,000 00 
46,712 39 
26,908 20 
5,944 87 
10,669 06 

$261,408 71 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

,953,753 00 $166,473 24 
25,909,855 00 210,615 63 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . . . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$46,863,608 00 $377,088 87 
25,891,651 00 198,454 56 



$20,971,957 00 $178,634 31 
233,183 00 1,955 75 



$20,738,774 00 $176,678 56 

$1,576,915 00 $46,885 71 
3,035,962 00 81,851 61 



14,612,877 00 $128,737 32 
2,481,653 00 56,633 78 



$2,131,224 00 $72,103 54 
55,300 00 1,805 26 



. $2,075,924 00 $70,298 28 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$6,231,570 00 

2,935,000 00 

108,102 00 

47,142 00 

1,502,000 00 

12,000 00 

. 65,900 00 



322 



NIAGARA FIRE INSURANCE CO. 



" NIAGARA FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated July, 1850. Commenced business August, 1850.] 

Paid-up Capital, $500,000. 

HAROLD HERRICK, President. GEORGE W. DEWEY, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $85,000 00 $108,750 00 

Territory New Mexico bonds, .... 10,000 00 10,000 00 

New York city school bonds, .... 200,000 00 200,000 00 

New York city water bonds, .... 60,000 00 60,000 00 

Additional water bonds of the city of N. Y., . 100,0u0 00 100,000 00 

Corporation bonds of the city of N. Y., . . 25,000 00 27,500 00 

Corporate stock of the city of N. Y., . . 100,000 00 107,500 00 

Wabash R'y Co. bonds, 20,000 00 23,000 00 

Chic, St. Paul, Minn. & Omaha R'y Co. bonds, 15,000 00 19,500 00 

Northern Pacific R'y Co. bonds, . . . 30,000 00 30,000 00 

Atch., Topeka & Santa Fe R.R bonds, . . 25,000 00 25,000 00 

Denver & Rio Grande R.R. Co. bonds, . . 15,000 00 15,000 00 

Union Pacific R.R. bonds, 30,000 00 30,000 00 

Baltimore & Ohio R'y Co. bonds, . . . 50,000 00 48,750 00 

Norfolk & Western R'y Co. bonds, . . . 25,000 00 25,000 00 

Central Pacific R.R. bonds, .... 50,000 00 50,000 00 

Town of Lake (111.) Gas Co. bonds, . . 20,000 00 20,000 00 

Lehigh & Wilkes Barre Coal Co. bonds, . . 20,000 00 20,000 00 

Lehigh Coal & Navigation Co. bonds, . . 25,000 00 25,000 00 

1,000 shares Lehigh Coal & Navigation Co., . 50,000 00 60,000 00 

600 " Chic. & Northwes'n R'y Co., . 60,000 00 102,600 00 

300 " N. Y., Lack. & Western R'y, . 30,000 00 40,200 00 

2,200 " Chic, Mil. & St. P'l R.R, . . 220,000 00 359,000 00 

1,000 " Central R.R. of N. J., . . . 100,000 00 145,000 00 

1,000 " Northern Pacific R.R., . . . 100,000 00 87,000 00 

1,000 " Union Pacific R R., . . . 100,000 00 84,000 00 

100 " Pitts., Ft. W. & Chic R.R., . ' . 10,000 00 18,600 00 

100 " Renssel. & Saratoga R.R., . . 10,000 00 19,500 00 

200 " Clevc & Pitts. R.R., . . . 10,000 00 18,600 00 

1,600 " Pennsylvania R.R , . . . 80,000 00 116,000 00 

400 " Morris & Essex R.R., . . . 20,000 00 37,200 00 

1,000 " N. Y. Central & Hud. Riv.R.R., . 100,000 00 141,000 00 

350 " Amer. Exch. N'l Bank, . . . 35,000 00 66,500 00 

§ 1,830,000 00 $2,240,200 00 

Summary of Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *), $311,375 00 
Interest due or accrued thereon, . . . 7,706 21 



* Value of property mortgaged, 
Amount of insurance held as collateral, 



$2,306,500 00 
119,500 00 



NIAGARA FIRE INSURANCE CO. 



323 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Prem's more than three mos. due, $792 50 

Gross assets,* 

Deduct special deposits in other States, . 



Balance, 



$2,240,200 00 

654 28 

66,848 47 

2,466 67 

270,139 43 



$2,899,390 06 
118,750 00 

$2,780,640 06 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Paid-up capital, .... 

Surplus over capital, . 

Income 

Fire premiums outstanding Dec. 31, 1899 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from all other sources, 

Gross cash income, 



),614 96 
120,305 69 
13,637 50 

$223,558 15 
50,729 46 

$172,828 69 

1,354,147 26 

42,749 34 

17,829 56 

1,020 35 

$1,588,575 20 
2,507 01 



$239,465 78 
2,318,518 90 

$2,557,984 68 
270,139 43 

$2,287,845 25 
634,023 60 



sources, 



1,586,068 19 

11,194,571 87 
500,000 00 

$694,571 87 



$1,653,821 65 

21,048 88 

80,562 36 

3,864 00 

$1,759,296 89 



* Including $250,000 special reserve held under New York laws. 



324 THE NORTH BRITISH AND MERCANTILE INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$1,326,920 
301,836 



15 

00 



Gross cash expenditures, 



$ 1,025,084 15 

50,000 00 

314,451 55 

156,581 60 

47,668 11 

146,288 76 

$1,740,074 17 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



0310,610,626 
. 226,161,265 



Premiums. 

00 02,817,152 87 
00 2,318,518 90 



$536,771,891 
.209,311,670 



00 $5,135,671 77 
00 2,073,215 09 



$327,460,221 
. 48,222,936 



00 $3,062,456 68 
00 430,658 44 



0279,237,285 00 $2,631,798 24 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$44,525,651 00 

24,653,217 00 

1,035,402 00 

2,634,000 00 

50,000 00 

165,650 00 



"THE NORTH BRITISH AND MERCANTILE INSURANCE 
COMPANY OF NEW YORK," NEW YORK, N. Y. 

[Incorporated in 1897. Commenced business 1897.] 
Paid-up Capital, $200,000. 

E. G. RICHARDS, President. V.^ S ?I?? S J I Secretaries. 



J. F. HASTINGS, 
H. M. JACKSON, 



Detailed Statement of Stocks and Bonds. 

Par Value. 

f 50,000 00 
50,000 00 
50,000 00 
50,000 00 
61,000 00 
25,000 00 



United States bonds, . 
New York State bonds, 
City of Brooklyn bonds, . 
New York city bonds, 
Pennsylvania Company bonds, 
New York City Rapid Transit bonds, 



Market Value. 

$56,500 00 
51,000 00 
54,000 00 
50,000 00 
69,540 00 
28,000 00 



f286,000 00 $309,040 00 



THE NORTH BRITISH AND MERCANTILE INSURANCE CO. 325 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $111 21 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



$309,040 00 
11,722 81 

3,442 00 
12,853 13 

1,102 49 



$2,273 76 
4,472 45 

|6,746 21 
6,700 11 

$46 10 

19,600 03 

2,772 32 

2,751 28 



Total, 

Premiums now in course of collection, 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 



$4,698 33 
86,002 12 

$90,700 45 
12,964 34 

$77,736 11 
54,321 41 



$338,160 43 



25,169 73 

$312,990 70 
200,000 00 

$112,990 70 



$23,414 70 
9,502 98 



Gross cash income, $32,917 68 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$26,389 06 
25,228 69 



$1,160 37 

3,549 08 

550 00 

3,423 88 

1,596 25 

$10,279 58 



326 



NORTHERN INSURANCE CO. OF NEW YORK. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$8,052,377 00 
10,519,606 00 



Premiums. 

$67,878 92 
86,002 12 



$18,571,983 00 $153,881 04 
8,392,792 00 65,633 98 



.$10,179,191 00 $88,247 06 
. 4,809,939 00 53,159 58 



. $5,369,252 00 $35,087 48 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$101,411 00 

77,488 00 

885 00 

5,500 00 



"NORTHERN INSURANCE COMPANY OF NEW YORK," 

NEW YORK, N. Y. 

[Incorporated Oct. 22, 1S97. Commenced business Oct. 25, 1S97.] 

Paid-up Capital,, $250,000. 

LEANDER N. LOVELL, President. JAMES MARSHALL, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Valae. 

New York city bonds, $175,000 00 $185,500 00 

United States bonds, 150,000 00 205,375 00 

West Shore R.R. bonds, 25,000 00 28,750 00 

200 shares Del., Lack. & Western R.R., . . 10,000 00 19,400 00 



$360,000 00 $439,025 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Reinsurance due on losses paid, 

Gross assets, 



Liabilities. 



Losses claimed and reported, . 
Less reinsurance, 



$439,025 00 

55,266 80 

4,154 16 

27,958 35 

10,646 06 



$118,811 28 
82,084 69 



f 537, 050 37 



Net amount of unpaid losses, . 



$36,726 59 



NORTHERN INSURANCE CO. OF NEW YORK. 327 

Unearned premiums on outstanding risks, . $ 107,453 91 

Commissions and brokerage, .... 8,553 95 

Reinsurance, 64 24 

Reinsurance disallowed, 16,348 30 

Gross liabilities, except capital, . . $169,146 99 



Surplus as regards policy holders, $367,903 38 

Paid-up capital, 250,000 00 



Surplus over capital, $117,903 38 

Income. 
Fire premiums outstanding Dec. 31, 1899, . $34,900 41 
Premiums on risks written or renewed, . . 296,508 29 

Total, $331,408 70 

Premiums now in course of collection, . . 27,958 35 

Entire premiums collected, .... $303,450 35 
Less reinsurance and return premiums, . . 228,775 36 

Net cash fire premiums received, . . . $74,674 99 

Interest and dividends received from all sources, . . . 7,806 67 

Assets acquired from East'n by merger proc'd'g, $ 193,852 80 
Received for increased capital, . . . 50,000 00 

Gross cash income, $82,481 66 

Expenditures. 

Cash paid for fire losses, $332,523 44 

Deduct salvage and reinsurance, . . . 220,036 21 

Net cash paid for fire losses, .... $112,487 23 

Cash paid for commissions and brokerage, .... 61,591 77 

for salaries of officers, 20 00 

for State and local taxes, 5,149 73 

for incidentals, 3,694 14 

Gross cash expenditures, . $182,942 87 

Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $39,861,184 00 $394,771 24 
Fire risks written during 1900, . . . 29,087,007 00 296,508 29 

Total, $68,948,19100 $691,279 53 

Deduct risks expired and terminated, . . 44,734,011 00 429,095 69 

In force at end of year, $24,214,180 00 $262,183 84 

Deduct amount reinsured, .... 4,403,512 00 40,054 13 

Net amount in force $19,810,668 00 $222,129 71 



328 



THE NORTH GERMAN FIRE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, . 



$765,659 00 

492,775 00 

89,757 00 

12,000 00 

70,600 00 



"THE NORTH GERMAN FIRE INSURANCE COMPANY OF 
NEW YORK," NEW YORK, N. Y. 

[Incorporated May 15, 1899. Commenced business June 17, 1899.] 

Paid-up Capital, $200,000. 

C. PERGER, President. E. HARBERS, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

Union Pacific R.R. bonds $25,000 00 

United States bonds, 25,000 00 

New York city bonds, 218,000 00 



Market Valne. 

$26,437 50 

26,500 00 

220,675 00 



§268,000 00 $273,612 50 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



$273,612 50 

129 52 

5,411 47 

1,733 32 

21,184 19 



$302,071 00 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$486 98 
4,437 40 
2,735 00 

$7,659 38 
273 35 

$7,386 03 

58,819 33 

7,873 63 

1,083 01 



75,162 00 

$226,909 00 
200,000 00 

$26,909 00 



THE NORTH GERMAN FIRE INSURANCE CO. 



329 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest and dividends received from all sources, . 



$28,300 43 
143,185 42 

$171,485 85 
21,184 19 

$150,301 66 
44,911 62 



$105,390 04 
8,785 61 



Gross cash income, $114,175 65 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$50,840 00 
7,457 39 



$43,382 61 

30,336 90 

3,942 20 

4,814 67 

4,279 50 



Gross cash expenditures, 



,755 88 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$4,850,148 00 
12,961,552 00 



Premiums. 

$50,513 39 
143,185 42 



$17,811,700 00 $193,698 81 
7,751,119 00 82,724 80 



,060,581 00 $110,974 01 
837,800 00 7,859 85 



1,222,781 00 $103,114 16 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$125,743 00 
46,978 00 
47,368 00 
50,500 00 



330 



THE NORTH RIVER INSURANCE CO. 



"THE NORTH RIVER INSURANCE COMPANY," NEW YORK, X. Y. 

[Incorporated Feb. 6, 1822. Commenced business Marcb 6, 1822.] 

Paid-up Capital, $350,000. 

WM. E. HUTCHINS, President. FREDERICK H. CRUM, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

|75,000 00 893,750 00 

427,500 00 436,586 25 



District of Columbia bonds, 
New York city bonds, 



$502,500 00 $530,336 25 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Reinsurance due on losses paid, 
Prem's more than three mos. due, §940 59 
Gross assets, 



$100,564 20 

63,400 00 

1,554 82 

530,336 25 

87,484 51 

2,445 40 

63,419 21 

212 04 



$849,416 43 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



$8,594 92 
47,270 18 

$55,865 10 
6,610 75 

$49,254 35 

234,239 12 

2,784 25 

12,871 96 

6,244 43 

3,917 18 



309,311 29 

$540,105 14 
350,000 00 

$190,105 14 



* Value of lands mortgaged, . 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$133,400 00 
86,600 00 
79,975 00 



THE NORTH RIVER INSURANCE CO. 



331 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



$58,575 22 
2,005 76 

$56,569 46 
439,932 91 



Total, $496,502 37 

Premiums now in course of collection, . . 64,359 80 



$432,142 57 
84,862 02 



Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Income from rents, 

Profit on sale of bonds, 



$347,280 55 

3,627 00 

18,221 45 

838 08 

1,650 00 



Gross cash income, $371,617 08 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



$223,343 03 
20,467 83 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. $48,497,248 00 
. 53,559,517 00 

$102,056,765 00 
. 43,778,154 00 

.$58,278,611 00 
. 3,018,940 00 



$202,875 20 
27,761 50 
97,151 68 
29,531 04 
3,256 18 
18,983 77 

$379,559 37 



Premiums. 

$374,430 76 
439,932 91 

$814,363 67 
348,063 98 

$466,299 69 
18,155 82 



.$55,259,671 00 $448,143 87 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred "during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, . 



56,147,949 00 

2,716,642 00 

220,758 00 

2,696,750 00 

28,000 00 

87,350 00 



332 



NORTHWESTERN NATIONAL INSURANCE CO. 



"NORTHWESTERN NATIONAL INSURANCE COMPANY OF 

MILWAUKEE, WISCONSIN," MILWAUKEE, WIS. 

[Incorporated Feb. 20, 1869. Commenced business July 1, 1869.] 

Paid-up Capital, $600,000. 

ALFRED JAMES, President. W. D. REED, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $200,000 00 $272,000 00 

Chicago, Milwaukee & St. Paul R.R. bonds, . 200,000 00 228,500 00 

Milwaukee, L. S. & Western R.R. bonds, . 50,000 00 66,500 00 

Chicago & Northwestern R.R. bonds, . . 100,000 00 105,000 00 

Chicago, Burlington & Quincy R.R. bonds, . 50,000 00 53,500 00 

Atchison, Topeka & Santa Fe R'y bonds, . 100,000 00 100,000 00 

Southern R'y Co. bonds, 100,000 00 109,000 00 

Union Pacific Ry bonds, 100,000 00 104,000 00 

Northern Pacific R'y Co. bonds, . . . 100,000 00 103,000 00 

Pittsburgh, C, C. & St. L. R'y bonds, . . 50,000 00 55,000 00 

Milwaukee city bonds, 90,000 00 93,380 00 

Chicago Sanitary District bonds, . . . 50,000 00 52,000 00 

Waukesha sewerage bonds, .... 30,000 00 31,500 00 

Baltimore & Ohio R'y bonds, .... 100,000 00 96,500 00 

Chicago & Alton R'y bonds, .... 100,000 00 83,500 00 

Union Pacific R'y stock 50,000 00 40,000 00 



$1,470,000 00 $1,593,380 00 



Summary of Assets Dec. 31, 1900. 
Loans on mortgage of real estate (first liens *), $1,014,156 67 



Interest due or accrued thereon, 
Stocks and bonds, as per schedule, 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest accrued, 
Premiums in course of collection (gross), 
. Gross assets, 



Liabilities. 



7,741 59 
1,593,380 00 

9,378 48 
121,609 27 

5,333 32 
203,539 87 



$2,955,139 20 



Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 




$6,016 28 

48,435 84 

1,200 00 


Total amount of losses, 
Less reinsurance, 


$55,652 12 
5,024 50 


Net amount of unpaid losses, . 


§50,627 62 


* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as cc 


Hater 


. $2,l-. , 9.2S0 00 

1,720,917 00 

al, . . . 941,600 00 



NORTHWESTERN NATIONAL INSURANCE CO. 



333 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Reinsurance. 

Reinsurance disallowed, .... 

Miscellaneous, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, . . . . 



Surplus over capital, . 



,240,177 16 

50,884 96 

9,269 43 

49 78 

3,549 29 



$1,354,558 24 



. $1,600,580 96 
600,000 00 



. $1,000,580 96 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, ..... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Premiums on risks written or renewed, 
Less reinsurance and return premiums, 
Net cash marine premiums received, 
Interest received on mortgages, 
Interest and dividends received from all 
Profit on sale of bonds, 



Gross cash income, 



other 



$180,988 63 
1,502 65 

$179,485 98 
1,272,260 63 

$1,451,746 61 
203,539 87 

$1,248,206 74 
234,339 19 

$18,023 98 
155 32 



sources, 



$1,013,867 55 



17,868 66 
48,073 53 
64,443 76 
11,693 75 

.,155,947 25 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, .... 



$498,439 70 
44,390 07 



$454,049 63 

2,543 26 

72,000 00 

226,786 84 

115,694 92 

37,752 75 

10,648 96 

56,606 94 



Gross cash expenditures, $976,083 30 



334 



ORIENT INSURANCE CO. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$241,181,270 00 $2,426,060 02 
. 136,092,243 00 1,272,260 63 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks written during 1900, . 
Deduct risks expired and terminated, 

In force at end of year, 



$377,273,513 00 $3,698,320 65 
. 104,357,635 00 1,032,500 10 



$272,915,878 00 $2,665,820 55 
. 23,608,391 00 231,819 22 



$249,307,487 00 $2,434,001 33 

. $217,178 00 $18,023 98 
17,600 00 1,357 46 



$199,578 00 $16,666 52 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Marine and inland losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (12 per cent.), 

Company's stock owned by directors, . . . . 



$17,001,595 00 

8,394,840 00 

454,680 00 

5,958 00 

1,569,000 00 

72,000 00 

309,400 00 



" ORIENT INSURANCE COMPANY," HARTFORD, CONN. 

[Incorporated June, 1867. Commenced business January, 1872.] 
Paid-up Capital, $500,000. 
A. G. McILWAINE, Jr., President. JAMES WYPER, Secretary. 



Detailed Statement of Stocks 



433 shares American Nat'l Bank, Hartford, 

60 

59 
152 
113 
820 
200 

60 
100 
804 
250 
100 ' 



iEtna Nat'l Bank, Hartford, . 
Far. & Mech. Nat'l Bank, Hart., 
Mercantile Nat'l Bank, Hartford, 
City National Bank, Hartford, 
Hartford Nat'l Bank, Hartford, 
Thames Nat'l Bank, Norwich, 
First Nat'l Bank, Norwich, 
Holland Trust Co., N. Y., 
N. Y., N. H. & Hart. R.R. Co., 
St. Jos., S. Beud & So'n R.R. Co., 
Arizona Water Co., 



and Bonds. 

Par Value. 

$21,650 00 

6,000 00 

5,900 00 

15,200 00 

11,300 00 

82,000 00 

20,000 00 

6,000 00 

10,000 00 

80,400 00 

25,000 00 

10,000 00 



Market Value. 

?32,475 00 

11,940 00 

7,257 00 

456 00 

13,447 00 

115,210 00 

32,200 00 

5,340 00 

5,000 00 

169,644 00 

15,000 00 

2,500 00 



ORIENT INSURANCE CO. 



335 



United States bonds, 

Georgia State bonds, 

Territory of Arizona funding bonds 

Mass. Metropolitan Water Loan, 

County of Coffey, Kan., bonds, 

County of Glynn, Ga., bonds, . 

County of Finney, Kan., bonds, 

County of Wichita, Kan., bonds, 

County of Pierce, Wash., bonds, 

White County, Tenn., bonds, . 

Medicine Lodge Twp., Barber Co., Kan., b'ds 

Bethany Twp., Osborne County, Kan., bonds, 

Oswego Twp., Labette Co., Kan., bonds, . 

Precinct of Stanton, Neb., bonds, 

Precinct of Beaver, Neb., bonds, 

Kansas school bonds, 

Nebraska school bonds, 

Dakota school bonds, 

Wyoming school bonds, 

Colorado school bonds, 

Texas school bonds, . 

City of Oak Cliff, Tex., school bonds, 

Washington school bonds, 

City of Evansville, Ind., bonds 

City of Norfolk, Va., bonds, 

City of Richmond, Va., bonds, 

City of Sioux Falls, Dak., bonds, 

City of Wichita Falls, Tex., bonds, 

City of Fayetteville, N. C, bonds, 

City of Fort Worth, Tex., bonds, 

Town of Thomaston, Conn., bonds, 

Alexandria, Ind., Water Works bonds, . 

Vermont Valley R.R. Co. bonds, 

Pitts., Cleve. & Toledo R.R. Co. bonds, . 

C, C, Cin. & Indianapolis R.R. Co. bonds, 

Morris & Essex R.R. Co. bonds, 

Chic, Mil. & St. Paul R.R. Co. bonds, . 

Dayton & Michigan R.R. Co. bonds, 

Terre Haute & Logansport R.R. Co. bonds, 

Ohio & West Virginia R.R. Co. bonds, . 

Col. & Toledo R.R. Co. bonds, . 

Cincin., Jacksonville & Mack. R.R. Co. bonds 

East Tenn., Va. & Ga. R.R. Co. bonds, . 

Southern R.R. Co. bonds, .... 

Detroit, Grand R'ds & West. R.R. Co. bonds, 

Atch., Topeka & Santa Fe R.R. Co. bonds, 

Chic, Burl. & Quincy R.R. Co. bonds, 

Norfolk & Western R.R. Co. bonds, 



Par Value. 

|50,000 00 

25,000 00 

25,000 00 

200,000 00 

10,000 00 

10,000 00 

10,000 00 

4,000 00 

10,000 00 

3,000 00 

5,000 00 

3,500 00 

5,000 00 

8,000 00 

5,000 00 

6,250 00 

3,977 79 

4,200 00 

3,000 00 

7,000 00 

10,000 00 

5,000 00 

10,000 00 

20,000 00 

20,000 00 

24,000 00 

13,000 00 

8,500 00 

10,000 00 

10,000 00 

15,000 00 

9,000 00 

25,000 00 

10,000 00 

35,000 00 

10,000 00 

20,000 00 

25,000 00 

4,000 00 

3,000 00 

13,000 00 

12,000 00 

15,000 00 

10,000 00 

10,000 00 

14,000 00 

10,100 00 

10,000 00 



Market Value. 

$57,875 00 

28,250 00 

27,500 00 

227,000 00 

10,600 00 

11,500 00 

11,300 00 

4,000 00 

11,500 00 

3,090 00 

5,300 00 

3,710 00 

5,000 00 

8,800 00 

. 5,550 00 

6,562 50 

4,216 45 

4,539 00 

3,420 00 

8,400 00 

11,500 00 

5,750 00 

10,900 00 

20,800 00 

22,400 00 

31,920 00 

15,340 00 

7,650 00 

11,500 00 

10,000 00 

15,300 00 

9,720 00 

28,000 00 

11,650 00 

46,900 00 

13,775 00 

36,100 00 

28,375 00 

4,200 00 

3,630 00 

14,527 50 

6,467 64 

17,812 50 

11,162 50 

9,825 00 

13,670 00 

11,676 75 

9,900 00 



336 



ORIENT INSURANCE CO. 



Cleve. Term. & Valley R.R. Co. bonds, . 
Cin , Dayton & Ironton R.R. Co. bonds, . 
Philadelphia & Reading Term. R.R. Co. bonds 
Chic., Rock Island & Pacific R.R. Co. bonds, 
N. Y., New Haven & Hart. R.R. Co. bonds, 
Kanawha & Michigan R.R. Co. bonds, 
Minneapolis & St. Louis R.R. Co. bonds, 
Sav., Florida & Western R.R. Co. bonds, 
Illinois Central R.R. bonds, 
Lehigh & N. Y. R.R. bonds, . 
Willmar & Sioux Falls R.R. bonds, . 
Seaboard & Roanoke R.R. bonds, 
Georgia R.R. & Banking Co. bonds, 
Central of Georgia bonds, 
West Shore R.R. Co. bonds, 
Central R.R. of N. J. bonds, 
Anderson, Ind., Elec. St. R'y Co. bonds, 
West Chic. St. R'y Tunnel Co. bonds, 
Brooklyn Wharf & Warehouse Co. bonds, 
Rutland & Grafton District, 111., bonds, 
First Baptist Church, Nash., Tenn., bonds, 
Arizona Water Co. bonds, 
Iowa Mortgage Co. trust debenture bonds, 



Par Value. 

$10,000 00 
10,000 00 
10,000 00 
20,000 00 
32,21)0 00 
25,000 00 
30,000 00 
10,000 00 
20,000 00 
10,000 00 
15,000 00 
20,000 00 
10,000 00 
20,000 00 
80,000 00 
65,000 00 
10,000 00 
10,000 00 
25,000 00 
1,000 00 
11,000 00 
5,333 33 
2,000 00 



Market Value. 

$9,437 50 
11,112 50 
12,412 50 
21,450 00 
62,790 00 
24,250 00 
30,912 50 
10,925 00 
20,300 00 

9,075 00 
18,093 75 
21,350 00 
10,650 00 
19,800 00 
88,900 00 
82,550 00 
10,300 00 
10,300 00 
17,500 00 

1,000 00 
11,550 00 

2,833 33 

1,000 00 



$1,523,511 12 $1,807,525 92 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Rents due and accrued, .... 
Reinsurance due on losses paid, 
Special cash deposit, .... 

Prem's more than three mos. due, $4,082 89 

Gross assets, 

Deduct special deposits in other States, . 



$99,060 33 

173,675 00 

5,301 76 

1,807,525 92 

5,551 72 

49,961 63 

25,542 97 

203,551 25 

500 00 

3,367 75 

5,000 00 



£2,379,038 33 
100,749 00 



Balance, $2,278,289 33 



Value of property mortgaged, $566,927 00 

Amount of insurance held as collateral, .... 57,900 00 



ORIENT INSURANCE CO. 



337 



Liabilities. 

Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Due other companies, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, . 



§13,011 77 

208,431 76 

18,852 11 

|240,295 64 

18,097 40 

$222,198 24 

928,604 80 

2,500 00 

9,453 49 

29,779 93 

22,460 51 

2,174 16 

1,217,171 13 

44,804 39 



1,172,366 74 

. $1,105,922 59 
500,000 00 



$605,922 59 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 

Total, 

Less reinsurance and return premiums, . 
Net cash marine premiums received, 
Interest received on mortgages, 
Interest and dividends received from all other 
Income from rents, 



Gross cash income, 



$241,683 99 
3,766 95 

$237,917 04 
1,882,964 19 

$2,120,881 23 
207,634 14 

$1,913,247 09 
647,473 92 

$1,838 81 
8,392 37 

$10,231 18 
9,419 56 



$1,265,773 17 



sources, 



811 62 

11,914 69 

61,589 80 

2,343 67 

. $1,342,432 95 



338 



ORIENT INSURANCE CO. 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 



$1,038,438 05 
120,281 94 

821,102 17 
513 62 



$918,156 11 



20,588 55 
25,000 00 

246,57-1 94 
87,051 78 
40,559 91 

113,780 47 

. $1,451,711 76 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . §174,075,899 00 §2,018,743 75 
Fire risks written during 1900, . . . 188,790,718 00 1,882,964 19 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, . 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



$362,866,617 00 $3,901,707 94 
. 155,425,077 00 1,858,293 30 



$207,441,540 00 $2,043,414 64 
. 39,176,133 00 208,548 69 



$168,265,407 00 $1,834,865 95 

$762,436 00 $23,730 25 
266,264 00 8,392 37 



$1,028,700 00 
610,725 00 



$417,975 00 
417,975 00 



$32,122 62 
25,388 75 

$6,733 87 
6,733 87 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (5 per cent.), . 
Company's stock owned by directors, .... 



$22,063,491 00 

13,912,112 00 

944,863 00 

31,379 00 

.1,240,000 00 

25,000 00 

3,000 00 



PACIFIC FIRE INSURANCE CO. 



339 



"PACIFIC FIRE INSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated April 16, 1851. Commenced business April 29, 1851.] 

Paid-up Capital, $200,000. 

FRANK T. STINSON, President. GEORGE JEREMIAH, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $100,000 00 $114,000 00 

New York city bonds, 200,000 00 201,000 00 

Brooklyn city bonds, 10,000 00 10,275 00 

New York Central & Hudson River R.R. stock, 25,300 00 36,432 00 

Rome, Watertown & Ogdensburg R.R. stock, . 15,000 00 20,100 00 

Brooklyn City R.R. stock 5,000 00 11,500 00 

Union Pacific R.R. stock, 20,000 00 16,900 00 

Atchison, Topeka & Santa Fe R.R. stock, . 25,000 00 25,687 50 

$400,300 00 $435,894 50 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Prem's more than three mos. due, $1,495 01 

Gross assets, 

Deduct special deposits in other States, . 



$9,015 50 

189,600 00 

1,488 23 

435,894 50 

1,747 32 

61,861 19 

2,247 09 

75,898 85 

5,109 22 



$782,861 90 
13,800 00 



Balance, $769,061 90 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 



$24,911 29 

39,585 00 

1,500 00 

$65,996 29 
19,543 47 



,452 82 



* Value of lands mortgaged, .... 
Value of buildings thereon, 
Amount of insurance held as collateral, . 



$149,500 00 
226,580 00 
201,501 00 



340 



PACIFIC FIRE INSURANCE CO. 



Unearned premiums on outstanding risks, 

Interest due, 

Due and accrued for rent, salaries, etc., . 
Due for borrowed money, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, . 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



8319,947 18 

375 38 

7,916 66 

59,000 00 

15,909 35 

12,117 05 

6,251 11 

$467,969 55 
4,660 65 



$463,308 90 

?305,753 00 
200,000 00 

$105,753 00 



Income. 
Fire premiums outstanding Dec. 31, 1899, . $83,568 88 
Same not collected, 230 26 

Net collected, $83,338 62 

Premiums on risks written or renewed, . . 619,228 49 

Total, $702,567 11 

Premiums now in course of collection, . . 77,393 86 

Entire premiums collected, .... $625,173 25 
Less reinsurance and return premiums, . . 224,542 37 

Net cash fire premiums received, . . . $400,630 88 

Interest received on mortgages, 10,397 15 

Interest and dividends received from all other sources, . . 14,113 97 

Income from rents, 253 24 

Profit on sale of bonds, 43,067 44 

Borrowed money, f 26,500 00 

Gross cash income, . . $468,462 68 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 
for interest on borrowed money, 
for incidentals, .... 



$378,786 29 
76,006 90 



Gross cash expenditures, 



$302,779 39 
20,000 00 
94,688 55 
43,308 31 
13,801 85 
2,209 20 
32,345 74 

$509,138 04 



THE PELICAN ASSURANCE CO. 



341 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $78,725,094 00 
. 61,847,417 00 

$140,572,511 00 
. 58,066,774 00 

. $82,505,737 00 
. 15,657,283 00 



Premiums. 

$725,069 52 
619,228 49 

1,344,298 01 
566,112 81 

$778,185 20- 
141,655 94 



,848,454 00 $636,529 26 



Miscellaneous. 

Premiums received from organization of company, . . $9,430,537 00 

Losses paid from organization of company, .... 5,164,707 00 

Fire losses incurred during the year, 275,860 00 

Cash dividends declared from organization of company, . 1,498,000 00 

Dividends declared during the year (10 per cent.), . . 20,000 00 

Company's stock owned by directors, 50,100 00 



"THE PELICAN ASSURANCE COMPANY," NEW YORK, N. Y. 

[Incorporated March 7, 1899. Commenced business May 1, 1899.] 

Paid-up Capital, $200,000. 

A. D. IRVING, President. L. P. BAYARD, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $200,000 00 $222,500 00 

Brooklyn city bonds, 75,325 00 83,126 45 

N. Y. Central & Hudson River R.R. bonds, . 35,000 00 34,343 75 



$310,325 00 $339,970 20 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 

Cash deposited in bank, 

Premiums in course of collection (gross), 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $399 56 
Gross assets, 



$339,970 20 

18,709 29 

27,321 44 

1,314 13 



$387,315 06 



Liabilities. 



Losses adjusted, unpaid, . 
Losses claimed and reported, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 



$1,496 00 
16,737 00 

$18,233 00 
3,021 00 

$15,212 00 



342 



THE PELICAN ASSURANCE CO. 



Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, ..... 



§73,798 82 
1,428 93 
6,896 21 
4,670 67 
2,059 50 



$104,066 13 

3283,248 93 
200,000 CO 



Surplus over capital, 183,248 93 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest and dividends received from all sources, . 



$17,456 03 
190,036 57 

§207,492 60 
27,721 00 

§179,771 60 
46,118 90 



$133,652 70 

9,221 57 



Gross cash income, $142,874 27 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$71,202 65 
5,569 15 



$65,633 50 

34,283 42 

4,140 00 

4,663 39 

7,796 26 



Gross cash expenditures, §116,516 57 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

. $7,693,021 00 |64,384 18 
. 20,889,907 00 190,036 57 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 



. §28,582,928 00 §254,420 75 
. 11,286,797 00 96,323 94 



. $17,296,131 00 §158,096 81 
. 2,355,989 00 22,055 95 



Net amount in force, . 



. §14,940,142 00 $136,040 86 



PENNSYLVANIA FIRE INSURANCE CO. 



343 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Company's stock owned by directors, 



$182,473 00 

75,05-1 00 

72,187 00 

6,500 00 



"PENNSYLVANIA FIRE INSURANCE COMPANY," 
PHILADELPHIA, PA. 

[Incorporated March, 1825. Commenced business April, 1825.] 

Paid-up Capital, $400,000. 

R. DALE BENSON, President. W. GARDNER CROWELL, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States loans, $80,000 00 $ 92,600 00 

Philadelphia city bonds, 16,000 00 16,620 00 

St. Louis city bonds, 25,000 00 28,000 00 

Cincinnati city bonds, 48,000 00 51,740 00 

City of Springfield, 111., bonds, . . . 35,000 00 37,450 00 

City of Topeka, Kan., internal improv. bonds, 3,222 00 3,222 00 

City of Dayton, O., bonds, .... 32,000 00 37,440 00 

City of Columbus, O., bonds, .... 50,000 00 51,000 00 

City of Quincy, 111., bonds, .... 25,000 00 26,750 00 

City of Sandusky, O., bonds, .... 2,500 00 2,525 00 

Newark, O., bonds, 12,000 00 12,960 00 

City of Duluth, Minn., bonds, .... 47,00000 49,82000 

Borough of Sharpsburg, Pa., bonds, . . 40,000 00 42,000 00 

Sanitary District, Chicago, bonds, . . . 18,000 00 18,540 00 

Sch. Dist. of the Boro' of Sewickley, Pa., b'ds, 24,000 00 25,920 00 

City of Trenton, N. J., warrants, . . . 32,256 00 32,256 00 

West Knoxville General Improv. Co. bonds, . 20,000 00 24,000 00 

Phila., Wilmington & Bait. R.R. certificates, . 115,000 00 125,200 00 

Philadelphia & Erie R.R. bonds, . . . 75,000 00 90,000 00 

Pennsylvania Railroad bonds, .... 28,000 00 31,640 00 

Philadelphia & Reading R.R. Co. bonds, . . 37,500 00 47,150 00 

Read. Co. & Phil. & Read. C'l & I'd Co. bonds, 50,000 00 47,500 00 

Phila. & Reading R.R. Terminal Co. bonds, . 100,000 00 125,000 00 

Lehigh Valley R.R. Co. bonds, . . . 150,000 00 164,500 00 

Penn. & N. Y. Canal & R.R. Co. bonds, . . 122,000 00 123,240 00 

Chicago & Western Indiana R.R. bonds, . . 128,000 00 153,150 00 

Shamokin, Sunb'y & Lewisb'g R.R. Co. bonds, 20,000 00 20,600 00 

St. Paul & Northern Pacific R.R. bonds, . . 50,000 00 65,000 00 

Jacksonville & St. Louis R'y Co. bonds, . . 44,500 00 21,400 00 

Newburgh & New York R.R. Co. bonds, . 15,000 00 17,250 00 

Northern Central R.R. Co. bonds, . . . 9,000 00 9,900 00 



344 



PENNSYLVANIA FIRE INSURANCE CO. 



Atlantic City R.R. Co. bonds, . 

Camden Horse R.R. Co. bonds, 

Bellefonte Central R.R. Co. bonds, . 

Evansville & Terre Haute R.R. Co. bonds, 

Cleve., Col., Cin. & Indianapolis R.R. bonds, 

New York, Susquehanna & West. R.R. bonds 

Chicago, Burlington & Quincy R.R. bonds, 

Jacksonville Southeastern R'y Co. bonds, 

Chicago & Erie R.R. Co. bonds, 

Baltimore & Potomac R.R. Co. bonds, 

McKeesport & Belle Vernon R.R. Co. bonds, 

West Jersey & Seashore R.R. Co. bonds, 

Terminal Railroad Asso. of St. Louis bonds, 

Lynn & Boston R.R. bonds, 

Pine Creek Railway Co. bonds, 

Chicago & Northwestern R'y Co. bonds, . 

Chicago, Rock Island & Pacific R.R. bonds, 

Chicago, Mil. & St. Paul R'y bonds, 

Chic, Hammond & Western R.R. Co. bonds, 

Chesapeake & Ohio R'y bonds, 

Illinois Central R'y bonds, 

Kansas City Southern R'y Co. bonds, 

Western Transit Co. bonds, 

Indianapolis & Vincennes R.R. Co. bonds, 

Cleveland, Lorain & Wheeling R.R. bonds, 

Louisville & Nashville R.R. bonds, . 

Choctaw & Memphis R.R. Co. bonds, 

St. Louis, Iron Mountain & Southern R'y b'ds 

Baltimore & Ohio R.R. Co. bonds, . 

Wisconsin Central R'y Co. bonds, . 

Union Pacific R'y Co. bonds, . 

Louisville & Nashville R.R. Co. bonds, . 

Mobile & Montgomery R'y Co. bonds, 

Lehigh Valley R.R. Co. bonds, 

Erie R.R. Co. bonds, 

N. Y., Philadelphia & Norfolk R.R, Co. bonds, 
Hestonville, Mantua & Fairm't Pass. R'y bonds, 
Perkiomen R.R. Co. bonds, 
Lehigh Valley Coal Co. bonds, 
Lehigh Coal & Navigation Co. bonds, 
Chesapeake & Delaware Canal Co. bonds, 
200 shares Philadelphia National Bank, . 

14 " Philadelphia Bourse, 
440 « Bellefonte Central R.R. Co., . 
144 " Reading Co., . 
210 u Grand Rapids & Indiana R.R. Co., 



Par Value. 

$30,000 00 

25,000 00 

2,500 00 

25,000 00 

30,000 00 

100,000 00 

100,000 00 
11,000 00 
50,000 00 
15,000 00 
60,000 00 
28,000 00 
50,000 00 
50,000 00 
50,000 00 
48,000 00 
75,000 00 
50,000 00 

100,000 00 
42,000 00 
50,000 00 
26,000 00 
50,000 00 
7,000 00 
50,000 00 

100,000 00 
50,000 00 
50,000 00 
50,000 00 
50,000 00 
25,000 00 



93,000 00 

50,000 00 

25,000 00 

17,000 00 

13,000 00 

50,000 00 

120,000 00 

10,000 00 

20,000 00 

700 00 

22,000 00 

7,200 00 

21,000 00 



Market Value. 

$34,500 00 
26,250 

2,500 00 
26,750 00 
40,200 00 

112,000 

111,000 00 
11,000 00 
59,500 00 
18,000 00 
75,000 00 
30,800 00 
57,000 00 
56,500 00 
66,000 CO 
51,840 00 
81,000 00 
57,500 00 

125,000 00 
49,560 00 
51,500 00 
17,940 00 
50,500 00 
8,260 00 
55,000 00 
99,000 00 
55,000 00 
56,500 00 
48,000 00 
45,000 00 
26,750 00 



25,000 00 27,000 00 



95,290 00 
51,500 00 
26,250 00 
19,890 00 
13,650 00 
54,000 00 
124,400 00 

5,000 00 

48,400 00 

70 00 

5,500 00 

2,0. r 5 

7.850 00 



§3,377,378 00 §3,680,075 00 



PENNSYLVANIA FIRE INSURANCE CO. 



345 



Securities held as collateral for cash loans 

16 shares First N'l Bank, Shippensb'g, Pa 
62 " North Penn. R.R. Co., . 
160 " Norrisfn Title, Trust & S. D. Co 

4 " Bank of North America, 

7 " Moorestown National Bank, 

5 " Burl. County Safe Dep. & T. Co 
5 " Fire Ins. Co., County of Phila., 

25 " Western National Bank of Phila 

100 " W.J. McCahan Sug. R. Co., Phila 

105 " Lehio-h Coal & Navigation Co., 

10 " Commonwealth Title & Trust Co 

90 " West Chester Fire Ins. Co., . 

200 " Real Estate Trust Co., Phila., 

100 " Saug., Doug. & L. Shore R'y Co 

500 " Pitts., Ft. Wayne & Chic. R'y Co 

500 " Phil., Wil. & Bait. R.R. Co., 

1,000 " West Jersey & Seashore R.R. Co 

Bellefonte Central R.R. Co. bonds, . 
Asphalt Co. of America bonds, 

200 " Lehigh Coal & Navigation Co., 

100 " Choc, Oklahoma & Gulf R.R. Co., 

300 " Reading Co., .... 

200 " Lehigh Valley R.R. Co., . 



Market Value. 

$2,880 00 

6,634 00 

14,400 00 

1,000 00 

1,575 00^ 

380 00 S 

600 00 ) 

1,875 00 ) 

20,000 00 S 

6,720 00 } 

640 00 S 

2,700 00 

25,200 00 

10,000 00 

94,000 00 n 

40,000 00 S 

62,000 00 ) 

4,000 00 

6,300 00 s 

12,800 00 | 

4,000 00 J> 

10,500 00 I 

5,800 00 ^ 



Loaned Thereon. 

$2,300 00 

3,500 00 

10,400 00 

500 00 

2,000 00 

10,000 00 

4,000 00 

1,000 00 

18,000 00 

9,500 00 

150,000 00 

2,000 00 

30,000 00 



$334,004 00 $243,200 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance, $5,264,622 43 



$229,666 67 

735,100 00 

12,344 40 

3,680,075 00 

243,200 00 

1,632 91 

144,051 61 

1,664 59 

309,093 78 

393 47 



1,357,222 43 
92,600 00 



Liabilities. 






Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 



§56,509 80 

135,809 22 

8,600 00 



* Value of property mortgaged, . 
Amount of insurance held as collateral, 



$1,689,260 00 

480,000 00 



346 



PENNSYLVANIA FIRE INSURANCE CO. 



Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, . 
Paid-up capital, 



. $1,719,001 59 

851,117 95 

24,000 00 

1,524 15 

. $2,796,562 71 
39,819 00 



$2,756,743 71 



. $2,507,878 72 
400,000 00 



Surplus over capital, $2,107,878 72 



Income 
Fire premiums outstanding Dec. 31, 1899 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Income from all other sources, 

Deposits received for perpetual fire risks 



$292,890 50 
2,531,808 12 

$2,824,698 62 
309,093 78 

$2,515,604 84 
596,610 30 



sources, 



$1,918,994 54 

29,204 62 

174,357 22 

9,668 43 

1,061 28 



§36,332 28 



Gross cash income, 



. $2,133,286 09 



EXPENDITUKES. 

Cash paid for fire losses, $1,375,518 85 

Deduct reinsurance, 124,508 69 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 
for State and local taxes, 

for incidentals, 

Deposits returned on perpetual fire risks, . 821,762 54 



$1,251,010 16 

100,000 00 

445,125 67 

93,598 

61,910 35 

101,844 94 



Gross cash expenditures, 



. $2,053,489 12 



PHENIX INSURANCE CO. 



347 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$370,220,236 00 $3,264,049 50 
.232,425,355 00 2,531,808 12 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Perpetual risks in force (not incPd above), 



$602,645,591 00 $5,795,857 62 
.213,370,054 00 2,127,854 39 



$389,275,537 00 $3,668,003 23 
. 45,982,651 00 354,318 59 



$343,292,886 00 $3,313,684 64 
$37,482,911 00 $933,369 14 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (25 per cent.), 
Company's stock owned by directors, .... 



$39,691,769 00 

21,382,921 00 

1,258,714 00 

3,229,000 00 

100,000 00 

55,400 00 



« PHENIX INSURANCE COMPANY," BROOKLYN, N. Y. 

[Incorporated Sept. 10, 1853. Commenced business Sept. 10, 1853.] 

Paid-up Capital, $1,000,000. 

GEORGE P. SHELDON, President. WM. A. WRIGHT, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $340,000 00 $382,000 00 

State of Virginia •■ century " bonds, . . 100,000 00 96,000 00 

City of Richmond, Va., bonds, .... 21,000 00 21,000 00 

N. Y. city consolidated stock " dock bonds," . 400,000 00 400,000 00 

Missoula Co., Mont., bonds, .... 12,000 00 12,000 00 

Council Bluffs City Water Works Co. bonds, . 100,000 00 100,000 00 

Denver Gas & Electric Co. bonds, . . . 150,000 00 94,500 00 

Southern Light & Traction Co. bonds, . . 60,000 00 46,350 00 

Lincoln Gas & Electric Co. bonds, . . . 100,000 00 85,000 00 

Chic, Burl. & Quincy R.R. stock, . . . 100,000 00 146,500 00 

Southern R'y Co. stock, 200,000 00 145,500 00 

Northern Pacific R'y Co. stock, . . . 200,000 00 173,000 00 

Chic. & Northwestern R.R. Co. stock, . . 150,000 00 258,000 00 

Del., Lack. & Western R.R. Co. stock, . . 125,000 00 241,250 00 

Manhattan Railway Co. stock, .... 200,000 00 230,000 00 

Chic, Mil. & St. Paul R'y Co. stock, . . 150,000 00 248,500 00 

Central R.R. Co. of N. J. stock, . . . 60,000 00 87,600 00 



348 



PHEXIX INSURANCE CO. 



National Park Bank, N. Y., stock, . 
Chatham National Bank, N. Y., stock, 
Nat'l Bank of the Republic, N. Y., stock, 
National City Bank, N. Y., stock, . 
Nafl Shoe & Leather Bank, N. Y., stock, 
Western Nat'l Bank, N. Y., stock, . 
Phenix National Bank, N. Y., stock, 
National City Bank, Brooklyn, stock, 
Mechanics' Bank, Brooklyn, stock, . 
Brooklyn Bank, Brooklyn, stock, 
Bond & Mortgage Guarantee Co. stock, . 
Trust Company of America stock, . 
N. Y. Mutual Gas Light Co. stock, . 
Cent. & So. American Telegraph Co. stock, 
Consolidated Gas Co. of New York stock, 



Par Value. 

$30,000 00 

35,000 00 

30,000 00 

40,000 00 

20,000 00 

14,500 00 

4,000 00 

30,000 00 

20,400 00 

20,000 00 

10,000 00 

20,000 00 

50,000 00 

100,000 00 

112,500 00 



Market Value. 

? 135,000 00 

106,750 00 

67,500 00 

200,000 00 

22,000 00 

66,700 00 

4,000 00 

82,500 00 

40,800 00 

22,000 00 

30,500 00 

42,000 00 

150,000 00 

102,000 00 

219,375 00 



$3,004,400 00 $4,058,325 00 



Securities held as collateral for cash loans : — 

10 shares Central Trust Co. of N. Y., . 

60 « North American Tr. Co. of N. Y., 

25 " Trust Co. of America, N. Y., . 

12 " Municipal Gas Co., Albany, N. Y., 
100 " Kings Co. Elec. Vt & Power Co., 
312 M Elec. Storage Battery Co., 



Market Value. Loaned Thereon. 



?20,500 00 

13,500 00 

5,625 00 

2,580 00' 

14,000 00 

28,000 00. 



$27,400 00- 
4,500 00 

35,000 00 



$84,205 00 $66,900 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens f), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



Balance $5,714,704 88 



$543,000 00 

75,600 00 

1,211 64 

4,058,325 00 

66,900 00 

2,706 00 

621,256 39 

6,516 67 

616,076 80 

3,112 38 



$5,994,704 88 
280,000 00 



* The company holds also instalment premium notes to the amount of 8113,656.76, which 
do not enter into or form any part of the assets of the company, as no portion of them is 
earned. Whatever value is attached to them would necessarily be counterbalanced by 
the addition of an amount exactly equal to the reinsurance liability, the eutire sum con- 
sisting of " unearned premiums." 

t Value of lands mortgaged, $44,000 00 

Value of buildings thereon, 97,500 00 

Amount of insurance held as collateral, .... 7,000 00 



PHENIX INSTJKANCE CO. 



349 



Liabilities. 

Losses claimed and reported, . 
Losses disputed or resisted, 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., 
Commissions and brokerage, . 
Return premiums, .... 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Paid-up capital, .... 



$226,825 50 

11,790 00 

3,140,046 22 

2,229 92 

105,295 74 

67,242 70 

8,137 41 

1,527 01 

$3,563,094 50 
122,982 57 



Surplus over capital, . 



$3,440,111 93 

$2,274,592 95 

1,000,000 00 

$1,274,592 95 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



$653,844 27 
4,231,284 09 

$4,885,128 36 
729,733 56 

$4,155,394 80 
742,211 05 



Gross cash income, 



- $3,413,183 75 

3,950 98 

130,879 42 

19,530 43 

. $3,567,544 58 



Expenditures. 

Cash paid for fire losses, $2,156,152 99 

Deduct salvage and reinsurance, . . . 220,266 57 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$1,935,886 42 
100,000 00 
628,691 20 
319,535 39 
107,470 05 
341,900 36 



Gross cash expenditures, 



. $3,433,483 42 



350 



PH(EXIX INSURANCE CO. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$561,471,251 00 $6,324,055 16 
377,614,524 00 4,231,284 09 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$939,085,775 00 $10,555,939 25 
357,782,410 00 4,060,498 78 



§581,303,365 00 $6,495,440 47 
. 37,170,965 00 357,063 73 



§544,132,400 00 $6,138,376 74 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . . . . 



$123,915,320 00 
61,695,427 00 
1,965,864 00 
4,074,000 00 
100,000 00 
146,650 00 



"PHCENIX INSURANCE COMPANY," HARTFORD, CONN. 

[Incorporated May, 1854. Commenced business June, 1S54.] 

Paid-up Capital, $2,000,000. 

D. W. C. SKILTON, President. EDW. MILLIGAN, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Georgia State bonds, 810,000 00 $11,900 00 

Brooklyn Wharf & Warehouse Co. bonds, . 75,000 00 52,500 00 

Ashland, Ore., water bonds, .... 50,000 00 56,000 00 

Brantford, Can., bonds, 25,000 00 27,000 00 

Guelph, Can., bonds, 24,000 00 27,960 00 

Victoria, B. Col., bonds 20,000 00 23,940 00 

Town of St. Henry, P. Q., bonds, . . . 75,000 00 82,125 00 

Province of New Brunswick bonds, . . 5,000 00 5,375 00 

Chic. & No. Shore St. R'y Co. bonds, . . 25,000 00 27,500 00 

Fostoria, O., water bonds 25,000 00 26,500 00 

Leavenw'th City & Ft. Leavenw'th water b'ds, 25,000 00 29,000 00 

Hannibal, Mo, school bonds, .... 10,00000 11,00000 

Northwestern Telegraph Co. bonds, . . 25,000 00 27,000 00 

Naumkeag Street R'y Co. bonds, . . . 25,000 00 26,000 00 

Urbana, O., gas bonds, 25,000 00 25,000 00 

Canadian Pacific Land Grant R.R. bonds, . 37,000 00 40,700 00 

Chicago & Northwestern R'y bonds, . . 44,000 00 51,260 00 

Chic. & Western Ind. R.R. bonds, . . . 139,000 00 164,S40 00 



PHGENIX INSURANCE CO. 



351 



Chic, Burl. & Quincy R.R. bonds, . 

Cin., Dayton & Ironton R.R. bonds, . 

Central R.R. of N. J. bonds, . 

Erie Railway consols, .... 

Easton & Amboy R.R. bonds, . 

Lehigh Valley Terminal bonds, 

Minneapolis Union R'y Co. bonds, . 

N. Y., Lack. & Western R.R. bonds, 

N. Y., N. H. & Hartford R.R. debentures, 

St. Paul & Northern Pacific R.R. bonds, . 

Terre Haute & Peoria R.R. bonds, . 

Texas & New Orleans R.R. bonds, . 
300 shares iEtna Nat'l Bank, Hartford, 

1,000 " American Nat'l Bank, Hartford, 

. 100 " Atlantic Trust Co., N. Y., . 
75 " Central Trust Co., N. Y., . 
162 " Charter Oak Nat'l Bank, Hart., 
160 " City Bank, Hartford, . 
100 " Conn. River Bank, Hartford, 
300 " Far. & Mech. Nat'l Bank, Hart., 
400 " Franklin Trust Co., N. Y., . 

1,030 " Hartford Nat'l Bank, Hartford, 
400 " Hartford Trust Co., Hartford, 
67 " Home Nat'l Bank, Meriden, . 
170 " Imperial Bank, Toronto, Ont., 
108 " Merchants' Exch. N'l B'k, N. Y., 
800 " Mer. N'l B'k (in liquidation) ,Hart 
200 " Nat'l Shoe & Leath B'k, N. Y., 
340 " Nat'l Exch. B'k, Hartford, . 
125 " Nat'l Ger. Amer. Bank, St. Paul, 
200 " New Britain N'l B'k, N. Britain, 
770 " Phoenix Nat'l B'k, Hartford, 
200 " State Bank, Hartford, . 
440 " Waterbury Nat'l Bank, Waterb'y 

50 " Security Co., Hartford, 
500 " Bald Eagle Valley R.R. Co., 
300 " Beech Creek R.R. Co., . 
300 " CI., Cin, Chic. & St. L. R.R. Co., 
300 " Chic, Mil. & St. Paul R'y Co, 
500 " Cleve. & Pitts. R.R. Co, 
500 " Ft. Wayne & Jack. R.R. Co., 
200 " Georgia R.R. & Banking Co, 
120 " Hart. & Conn. West. R.R. Co, 
1,000 " Illinois Central R.R. Co, . 
1,000 " Morris & Essex R.R. Co, . 
1,500 " N. Y, N. H. & Hart. R.R. Co, 
250 " N. Y. & Harlem R.R. Co, . 
600 " N. Y. Cent. & Hud. R. R.R. Co, 



Tar Value. 

$10,000 00 
25,000 00 
20,000 00 
50,000 00 
30,000 00 
10,000 00 
56,000 00 
50,000 00 
75,000 00 
15,000 00 
25,000 00 
54,000 00 
30,000 00 
50,000 00 
10,000 00 

7,500 00 
16,200 00 
16,000 00 

3,000 00 

30,000 00 , 

40,000 00 

103,000 00 

40,000 00 

6,700 00 
17,000 00 

5,400 00 

7,200 00 
20,000 00 
17,000 00 
12,500 00 
20,000 00 
77,000 00 
20,000 00 
22,000 00 

5,000 00 
25,000 00 
15,000 00 
30,000 00 
30,000 00 
25,000 00 
50,000 00 
20,000 00 
12,000 00 
100,000 00 
50,000 00 
150,000 00 
12,500 00 
60,000 00 



Market Value. 

$14,087 50 
28,000 00 
25,850 00 
70,500 00 
34,200 00 
11,300 00 
71,680 00 
69,000 00 

146,250 00 
19,650 00 
16,250 00 
62,100 00 
55,500 00 
72,000 00 
22,000 00 

153,750 00 

15,633 00 

18,560 00 

4,500 00 

36,000 00 

120,000 00 

144,200 00 

68,000 00 

8,375 00 

36,890 00 

7,182 00 

1,200 00 

21,000 00 

21,845 00 

11,250 00 

32,000 00 

93,940 00 

25,000 00 

36,080 00 

6,500 00 

51,250 00 

15,900 00 

35,400 00 

56,100 00 

47,500 00 

73,500 00 

44,000 00 

5,040 00 

132,750 00 
94,500 00 

318,000 00 
51,875 00 
87,000 00 



352 



PHCENLX INSURANCE CO. 



500 shares Peoria & Bureau Val. R.R. Co., 

500 " Pitts., McK. & Yough. R.R. Co., 

250 " Rensselaer & Saratoga R.R. Co., 

500 " Sharon R.R. of Pa., 

150 " Empire & Bay State Tel. Co., 

1,300 " Holyoke Water Power Co., . 

1,500 " Northwestern Telegraph Co., 

100 " West End St. R'y Co., Boston, 

150 " Boston Elevated R'y Co., . 

50 " Hartford Street R'y Co., 



Par Value. 

$50,000 00 
25,000 00 
25,000 00 
25,000 00 
15,000 00 

130,000 00 

75,000 00 

5,000 00 

15,000 00 

5,000 00 



Market Value. 

§105,000 00 
36,250 00 
50,000 00 
33,750 00 
12,750 00 
520,000 00 
93,750 00 

9,350 00 
24,000 00 

9,500 00 



$2,609,000 00 $4,203,037 50 



Securities held as collateral for cash loans : — 

240 shares Landers, Frary & Clark, . 
70 shares Southern New Eng. Tel. Co., . 



Market Value. Loaned Thereon. 

$10,080 00 ) $9 ( 
9,100 00 S 



,000 00 



119,180 00 $9,000 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 

Gross assets, 

Deduct special deposits in other States, . 



$508,245 82 

84,169 61 

2,327 97 

4,203,037 50 

9,000 00 

26,728 85 

245,517 11 

29,735 53 

526,479 49 

4,922 37 



$5,640,164 25 
275,000 00 



Balance, $5,365,164 25 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 



$48,756 87 

194,199 50 

16,238 80 

$259,195 17 
6,133 02 

§253,062 15 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$131,790 00 
70.S50 00 
51,400 00 



PHCENIX INSURANCE CO. 



353 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



$2,087,882 17 
56,670 00 
11,295 92 

$2,408,910 24 
109,511 69 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, . $454,358 40 

Same not collected, 15,451 09 

Net collected, $469,809 49 

Premiums on risks written or renewed, . . 3,229,848 56 

Total, $3,699,658 05 

Premiums now in course of collection, . . 526,479 49 



$2,299,398 55 

$3,065,765 70 
2,000,000 00 

$1,065,765 70 



Entire premiums collected, .... $3,173,178 56 
Less reinsurance and return premiums, . . 402,611 80 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, 



Gross cash income, 

Expenditures. 

Cash paid for tire losses, $1,846,781 45 

Deduct salvage and reinsurance, . . . 117,321 84 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



$2,770,566 76 

6,347 43 

203,741 60 

11,809 46 

$2,992,465 25 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$387,052,370 00 
. 337,521,235 00 

$724,573,605 00 
.313,023,807 00 

$411,549,798 00 
. 16,565,761 00 



$1,729,459 61 
280,000 00 
516,420 00 
186,692 34 
88,315 12 
286,702 85 

$3,087,589 92 



Premiums. 

$4,077,640 59 
3,229,848 56 

$7,307,489 15 
3,037,260 31 

$4,270,228 84 
181,106 20 



$394,984,037 00 $4,089,122 64 



354 



POTOMAC INSURANCE CO. OF GEORGETOWN. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . 
Cash dividends declared from organization of company, 
Dividends declared during the year (14 per cent.), 
Company's stock owned by directors, . 



$76,209,581 00 
46,636,289 00 
1,731,154 00 
8,085,000 00 
280,000 00 
64,600 00 



-POTOMAC INSURANCE COMPANY OF GEORGETOWN," 
WASHINGTON, D. C. 

[Incorporated March 2, 1831. Commenced business March 2, 1831.] 

Paid-up Capital, $200,000. 

JOHN TAYLOR ARMS, President. E. N. WATERS, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

110 shares Farmers 1 & Mechanics 1 Nat'l B'k, . f 11,000 00 ?24,750 00 

125 " Georgetown Gas Light Co., . . 3,125 00 7,500 00 

130 " Washington Gas Light Co., . . 2,600 00 7,995 00 

31 " Lincoln National Bank, . . . 3,100 00 3,658 00 

100 " Capital Traction R.R., . . . 10,000 00 10,375 00 

50 " Union Trust & Storage Co., . . 5,000 00 5,050 00 

Washington Gas Light Co. bonds, ... 300 00 318 00 

Metropolitan R.R. Co. bonds, .... 11,732 31 12,553 57 

Chesapeake & Potomac Telephone Co. bonds, 13,000 00 13,260 00 

Washington Market Co. bonds, . . . 3,000 00 3,300 00 

Southern R.R. Co. bonds, 5,000 00 5,625 00 



$67,857 31 $94,384 57 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



$21,670 41 

338,011 52 

5,119 17 

94,384 57 

7,540 34 

16,290 69 

31,559 40 



£514,576 10 



* Value of lands mortgaged, $254,200 00 

Value of buildings thereon, 33S.000 00 

Amount of insurance held a9 collateral, .... 270,950 00 



POTOMAC INSURANCE CO. OF GEORGETOWN. 



355 



Liabilities. 

Losses adjusted, unpaid, . 
Losses claimed and reported, . 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums, 
Reinsurance, . 
Miscellaneous, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



Surplus over capital, 



$2,686 75 
12,379 61 

$15,066 36 
4,002 74 

$11,063 62 

100,833 53 

7,132 40 

4,862 99 

2,596 34 

183 43 



$126,672 31 

$387,903 79 
200,000 00 

$187,903 79 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Premiums on stocks and bonds, 
Income from all other sources, 



Gross cash income, 



Expenditures. 

Cash paid for fire losses, .... 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 



$3,455 82 
190,266 54 

$193,722 36 
31,559 40 

$162,162 96 
41,958 05 



sources, 



$44,219 96 
4,198 40 



$120,204 91 

20,519 56 

4,205 44 

830 42 

3,182 49 

3,461 05 

$152,403 87 



$40,021 56 

24,000 00 

46,121 09 

9,576 11 

1,410 22 

13,645 16 

$134,774 14 



356 



PROVIDENCE MUTUAL FIRE INSURANCE CO. 



Risks and Premiums. 



Fire risks outstanding Dec. 81, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



.$13,149,887 00 
. 24,355,472 00 

. $37,505,359 00 
. 13,218,952 00 

.$24,286,407 00 
. 1,735,725 00 



Premiums. 

181,129 93 
190,224 29 

$271,354 22 
73,029 29 

$198,324 93 
14,984 73 



.$22,550,682 00 $183,340 20 



Miscellaneous. 
Fire losses incurred during the year, 
Dividends declared during the year (12 per cent.), 
Company's stock owned by directors, 



$48,721 00 
24,000 00 
40,675 00 



"PROVIDENCE MUTUAL FIRE INSURANCE COMPANY," 

PROVIDENCE, R. I. 

[Incorporated 1800. Commenced business 1800.] 
HENRY R. BARKER, President. HARDIN C. WATERS, Secretary. 



Detailed Statement of Stocks 



City of Providence bonds, . 

N. Y., New Haven & Hartford R.R. Co. bonds, 

The Metropolitan Water Co. bonds, 

230 shares N. Y. C. & H. R. R.R. Co., 

156 

100 

100 

100 

100 

200 

100 

200 

200 

100 

51 

50 

50 

42 

40 
150 

20 

50 
100 

50 



N. Y., N. H. & H. R.R. Co., . 
C, B. & Q. R.R. Co., 
Illinois Central R.R. Co., 
C, M. & St. P. R.R. Co., . 
Fitchburg R.R. Co., 
Southern R.R. Co., . 
Pullman Co., .... 
D., L. & W. R.R. Co., . 
Pennsylvania R.R. Co., . 
Oswego & Syracuse R.R. Co., 
P. & W. R.R. Co., . 
Connecticut River R.R. Co., . 
Old Colony R.R. Co., 
Ft. Wayne R.R. Co., 
B. & P. R.R. Co., . 
Blackstone Canal National Bank, 
National Bank of Commerce, . 
Rhode Island Investment Co., 
Mass. Real Estate Co., . 
Boston Investment Co., . 



and Bonds. 

Par Value. 

$25,000 00 

6,200 00 

7,000 00 

23,000 00 

15,600 00 

10,000 00 

10,000 00 

10,000 00 

10,000 00 

20,000 00 

10,000 00 

10,000 00 

10,000 00 

5,000 00 

5,100 00 

5,000 00 

5,000 00 

4,200 00 

4,000 00 

3,750 00 

1,000 00 

5,000 00 

10,000 00 

5,000 00 



MarKet Value. 

$25,000 00 

11,780 00 

4,900 00 

29,900 00 

32,916 00 

12,500 00 

12,500 00 

17,500 00 

13,000 00 

14,000 00 

18,500 00 

17,500 00 

13,500 00 

10,500 00 

14,280 00 

13,500 00 

10,000 00 

5,880 00 

12,000 00 

3,750 00 

1,000 00 

6,000 00 



$219,850 00 $300,406 00 



PROVIDENCE MUTUAL FIRE INSURANCE CO. 



357 



Summary op Assets Dec. 31, 1900. 

Loans on mortgage of real estate (first liens *), $75,800 00 

Stocks and bonds, as per schedule, . . . 300,406 00 

Cash in the office of the company, . . . 744 91 

Cash deposited in bank, 74,985 48 

Interest due and accrued, 1,825 00 

Premiums in course of collection (gross), . 3,431 97 
Prenrs more than three mos. due, $28 50 

Gross assets, $457,193 36 



Liabilities. 

Unearned premiums on outstanding risks, 
State and local taxes, .... 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, 



Surplus, 



1140,279 60 

1,259 57 

440 12 

303 81 



142,283 10 
$314,910 26 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $4,655 42 

Premiums on risks written or renewed, . . 74,361 30 

Total, $79,016 72 

Premiums now in course of collection, . . 3,460 47 

Entire premiums collected, .... $75,556 25 
Less reinsurance and return premiums, . . 4,919 39 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Gross cash income, 



$70,636 86 

5,042 16 

12,930 08 

$88,609 10 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid policy holders, . 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for incidentals, 



$25,354 57 
85 75 



Gross cash expenditures, 



$25,268 82 
20,245 82 
7,367 69 
10,275 00 
2,465 24 
1,436 00 
2,241 51 

$69,300 08 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$49,150 00 
95,300 00 
76,800 00 



358 



PKOVIDENCE WASHINGTON INSURANCE CO. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Miscellaneous 
Fire losses incurred during the year, 



$24,972,174 00 
6,985,523 00 

$31,957,697 00 
6,133,608 00 

$25,824,089 00 
72,687 00 



Premium*. 

$267,308 69 
74,124 98 

$341,433 67 
65,325 87 

1276,107 80 
1,154 77 



$25,751,402 00 $274,953 03 



$25,355 00 



"PROVIDENCE WASHINGTON INSURANCE COMPANY," 
PROVIDENCE, R. I. 

[Incorporated 1799. Commenced business 1799.] 
Paid-up Capital, $500,000. 
J. H. DeWOLF, President. E. L. WATSON, Secretary. 



Detailed Statement of Stocks 



United States bonds, 

Commonwealth of Massachusetts bonds, 

City of Pawtucket bonds, . 

City of Ft. Wayne refunding bonds, 

City of Indianapolis bonds, 

Boston & Providence R.R. Co. bonds, 

Boston & Maine R.R. Co. bonds, 

Boston & Lowell R.R. Co. bonds, 

Lehigh Valley R.R. Co. bonds, 

N. Y., New Haven & Hart. R.R. Co. bonds, 

Old Colony R.R. Co. bonds, . 

Buffalo Traction Co. bonds, 

Cleveland Elec. R'y Co. bonds, 

Colum. & Ninth Ave. R.R. Co. bonds, 

Columbus St. R'y Co. bonds, . 

Lynn & Boston R.R. Co. bonds, 

United Traction & Electric Co. bonds, 

West End St. R'y Co. bonds, . 

225 shares Fourth Nat'l Bank, N. Y., 

310 

300 
1,100 

500 

400 

500 

230 

200 



Nat'l Bank of Commerce, N. Y., 
Nat'l Park Bank, N. Y., 
Blackstone Canal N'l B'k, Prov., 
Merchants' Nat'l B'k, Prov., 
Chic. & Northw'n R'y Co., . 
Great Northern Railway Co., 
N. Y. Cent. & H. R. R.R. Co., 
Old Colony R.R. Co., . 



and Bonds. 

Par Value. 

$40,000 00 
88,000 00 
25,000 00 
25,000 00 
45,000 00 

100,000 00 
25,000 00 
10,000 00 
25,000 00 
60,000 00 
25,000 00 
20,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
40,000 00 
30,000 00 
22,500 00 
31,000 00 
30,000 00 
27,500 00 
25,000 00 
40,000 00 
50,000 00 
23,000 00 
20,000 00 



Market Value. 

$42,600 00 

100,975 00 
27,500 00 
25,087 00 
48,363 00 

111,000 00 
31,750 00 
10,900 00 
27,250 00 

117,000 00 
28,210 00 
21,700 00 
10,600 00 
12,300 00 
11,400 00 
11,300 00 
45,400 00 
32,100 00 
39,375 00 

102,300 00 

145.500 00 
28,600 00 
33,500 00 
88,000 00 
95,750 00 
33,350 00 

40,600 Oo 



PROVIDENCE AVASHINGTON INSURANCE CO. 



359 



1,100 shares Pennsylvania R.R. Co., 



300 
200 
150 
550 
200 
1,500 



Pitts., Ft. W. & Chic. R.R. Co., . 
CI., Cin., Chic. & St. Lo. R.R. Co., 
Rome, Wat'n & Ogden. R.K. Co., 
Providence Gas Co., 
Providence Telephone Co., . 
What Cheer Corporation, 



Par Value. 

$55,000 00 
30,000 00 
20,000 00 
15,000 00 
27,500 00 
10,000 00 

200,000 00 



Market Value. 

$81,950 00 
56,100 00 
23,200 00 
20,250 00 
52,525 00 
19,300 00 

200,000 00 



$1,224,500 00 $1,776,335 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for marine and inland risks, 
Prem's more than three mos. due, $4,661 97 
Gross assets, 

Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$1,776,335 00 

1,023 04 

105,904 22 

7,044 13 

254,257 14 

24,983 70 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



$20,689 84 

223,465 04 

18,133 86 

$262,288 74 
69,864 62 

$192,424 12 

976,623 14 

9,109 68 

38,140 12 

13,780 42 



Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 



$153,633 18 
1,620 36 

$152,012 82 
1,537,714 44 

$1,689,727 26 
178,330 63 

$1,511,396 63 
456,016 18 



!,169,547 23 



1,230,077 48 

$939,469 75 

500,000 00 

$439,469 75 



$1,055,380 45 



360 



PROVIDENCE WASHINGTON INSURANCE CO. 



Marine premiums outstanding Dec. 31, 1899, 
Same not collected, .... 



Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, . . - 

Interest and dividends received from all sources, 



$88,801 98 
544 02 

$88,257 96 

598,809 21 

$687,067 17 

103,407 80 

$583,659 37 

185,746 40 



$397,912 97 
60,376 81 



Gross cash income, $1,513,670 23 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 
Cash paid for marine and inland losses, 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 

Risks and Premiums. 



$921,095 85 
188,797 61 

$379,366 37 
102,566 90 



$732,298 24 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$170,124,246 00 

. 166,631,439 00 

$336,755,685 00 

. 148,380,623 00 

$188,375,062 00 

. 25,012,552 00 



276,799 47 

50,000 00 

279,859 83 

82,963 47 

46,677 43 

61,626 19 

$1,530,224 63 



Premiums. 

$1,715,797 35 
1,537,714 44 

$3,253,511 79 
1,332,803 77 

$1,920,708 02 
286,803 35 



$163,362,510 00 f 1,638,904 67 



. $6,259,732 00 

. 145,082,153 00 

$151,341,885 00 

. 143,347,050 00 

. $7,994,835 00 

321,988 00 



|215,137 50 
598,809 21 

$813,946 71 

551,257 -22 

$262,689 49 
20,596 61 



. $7,672,847 00 $242,092 88 



QUEEN INSURANCE CO. OF AMERICA. 



361 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . . . . 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . . . . 



$35,223,624 00 

20,909,174 00 

748,114 00 

258,575 00 

2,305,563 00 

50,000 00 

32,350 00 



" QUEEN INSURANCE COMPANY OF AMERICA," NEW YORK, N. Y. 

[Incorporated Sept. 11, 1891. Commenced business Sept. 11, 1891.] 

Paid-up Capital, $500,000. 

EDWARD F. BEDDALL, President. NEVETT S. BARTOW, Secretary. 



Detailed Statement of Stocks 



United States government bonds, 
District of Columbia bonds, 
New York State canal improvement bonds, 
New York city bonds, .... 
City of Brooklyn bonds, .... 

250 shares New York & Harlem R.R. Co., 

443 

517 

950 

500 
1,400 

550 

500 

300 

400 
New Zea 



United N.Jersey R.R. & Canal Co., 
N. Y., Lack. & Western R.R. Co., 
Rome, Watertown & Og. R.R. Co., 
Pitts., Ft. Wayne & Chic. R.R. Co., 
Morris & Essex R.R. Co., 
Rensselaer & Saratoga R.R. Co., 
Illinois Central R.R. Co., 
Ft. Wayne & Jackson R.R. Co., 
Farmers 1 Loan & Trust Co., 
and stock, . 
Quebec stock, . 
Manitoba debentures, 
Halifax, N. S., stock, 
New York, Lack. & Western R.R. bonds, 
Chicago, Rock Island & Pacific R.R. bonds, 
Fremont, Elkhorn & Mo. R.R. bonds, 
Chicago, Milwaukee & St. Paul R.R. bonds, 
Chicago & Northwestern R.R. bonds, 
Pennsylvania R.R. Co. bonds, . 
Morris & Essex R.R. bonds, 
Lake Shore & Michigan Southern R.R. bonds, 



and Bonds. 

Par Value. 

$ 185,000 00 

340,000 00 

50,000 00 

617,000 00 

525,000 00 

12,500 00 

44,300 00 

51,700 00 

95,000 00 

50,000 00 

70,000 00 

55,000 00 

50,000 00 

30,000 00 

10,000 00 

49,000 00 

30,625 00 

29,400 00 

60,000 00 

200,000 00 

5,000 00 

10,000 00 

91,000 00 

45,000 00 

50,000 00 

110,000 00 

47,000 00 



Market Value. 

$215,688 53 

376,963 48 
50,000 00 

628,740 17 

556,272 80 
31,978 98 
99,744 18 
56,983 33 

106,135 00 
82,213 30 

100,150 10 
99,887 50 
51,750 00 
44,100 00 
71,600 00 
49,000 00 
24,500 00 
29,400 00 
66,000 00 

224,595 44 
5,705 00 
11,779 03 
91,470 02 
46,779 19 
50,815 83 

133,795 59 
47,000 00 



362 



QUEEN INSURANCE CO. OF AMERICA. 



Chic, St. Paul, Minn. & Omaha R.R. bonds, 
Northern Pacific R.R. bonds, . 



Par Value. 

$25,000 00 
52,500 00 



Market Value. 

$28,611*01 
42,658 24 



$2,990,025 00 $3,424,316i72 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $5,366 29 

Gross assets, 

Deduct special deposits in other States, . 



$720,164 73 

3,424,316 72 

5,443 35 

202,353 83 

43,232 76 

351,138 80 

3,882 91 

821 14 



$4,751,354 24 
409,587 80 



Balance, $4,341,766 44 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums and reinsurance, 
Premiums paid in advance, 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Paid-up capital, .... 



$82,691 17 
97,258 82 
35,880 18 

$215,830 17 
32,239 33 

$183,590 84 

1,577,485 57 

8,920 64 

26,197 32 

85,675 04 

19,688 96 

619 53 

592 07 

$1,902,769 97 
287,018 35 



Surplus over capital, . 



1,615,751 62 

$2,726,014 82 
500,000 00 

$2,226,014 82 






QUEEN INSURANCE CO. OF AMERICA. 



363 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $324,252 85 

Same not collected, 1,001 54 

Net collected, $323,251 31 

Premiums on risks written or renewed, . . 2,713,544 14 

Total, $3,036,795 45 

Premiums now in course of collection, . . 356,505 09 



Entire premiums collected, .... $2,680,290 36 
Less reinsurance and return premiums, . . 727,590 69 

Net cash fire premiums received, . . . $1,952,699 67 

Interest and dividends received from all sources, . . . 133,597 07 
Income from rents, 18,417 54 



Gross cash income, $2,104,714 28 



Expenditures. 

Cash paid for fire losses, $1,550,985 09 

Deduct salvage and reinsurance, . . . 287,336 30 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, ..... 

Gross cash expenditures, .... 



$1,263,648 79 
100,000 00 
321,249 78 
176,347 46 
63,064 22 
121,171 11 

$2,045,481 36 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$327,091,647 00 $3,287,644 74 
. 247,826,193 00 2,712,924 61 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$574,917,840 00 $6,000,569 35 
.235,125,510 00 2,488,992 21 



$339,792,330 00 $3,511,577 14 
. 36,318,015 00 375,787 27 



$303,474,315 00 $3,135,789 87 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (20 per cent.), 
Company's stock owned by directors, . 



$19,607,424 00 

9,200,105 00 

1,257,002 00 

500,000 00 

100,000 00 

7,500 00 



364 



THE READING FIRE INSURANCE CO. 



"THE READING FIRE INSURANCE COMPANY," READING, PA. 

[Incorporated July 8, 1867. Commenced business July 8, 1867.] 

Paid-up Capital, $250,000. 

W. A. TIPPING, President. THOS. H. SCOTLAND, Vice-President and Secretary. 



Detailed Statement of Stocks 



United States bonds, 

Grand Rapids & Indiana R.R. bonds, 

Atch., Topeka &" Santa Fe R.R. bonds, 

Reading & Columbia R.R. bonds, 

Baltimore & Ohio R.R. bonds, . 

Central Pacific R'y bonds, 

Central R.R. of New Jersey bonds, . 

Elmira, Cortland & Northern R.R. bonds 

Indiana, Illinois & Iowa R.R. bonds, 

Lehigh Valley R.R bonds, 

N. Y. Cent. & Hudson River R.R. bonds, 

Long Island R.R. bonds, . 

Philadelphia & Reading R.R. bonds, 

Perkiomen R.R. bonds, 

Union Pacific R.R. bonds, . 

Reading City Passenger R'y bonds, . 

Western N. Y. & Penn. R'y Co. bonds, 

Second Ave R.R. Co. of N. Y. bonds, 

Beaver Valley Traction Co. bonds, . 

Phila. Elec. Gold Trust certificates, . 

250 shares Reading Gas Co., . 

124 " South Reading Market House Co., 

200 ' 

150 ' 

50 ' 
100 ' 
200 

70 



South Reading Market House 
East Pennsylvania R.R., . 
Nat'l Union Bank, Reading, 
Farmers' Nat'l Bank, Reading 
Second Nat'l Bank,. Reading, 
Philadelphia Traction Co., 
Reading City Passenger R'y, 



and Bonds. 

Par Value. 

$40,000 00 
20,000 00 
25,000 00 
10,000 00 
25,000 00 
25,000 00 
10,000 00 
10,000 00 
20,000 00 
10,000 00 
25,000 00 
10,000 00 
40,000 00 

2,000 00 
25,000 00 

5,500 00 
10,000 00 
10,000 00 

4,000 00 
10,000 00 

6,250 00 

3,100 00 
10,000 00 

3,750 00 

1,500 00 
10,000 00 
10,000 00 

3,500 00 



Securities held as collateral for cash loans : 

39 shares South Reading Market House Co., 
490 shares Philadelphia & Reading R.R., 
Reading Foundry Co. bonds, . 



Market Value. 

$55,200 00 
22,900 00 
25,625 00 
10,200 00 
25,375 00 
25,375 00 
12,750 00 
10,250 00 
22,000 00 
10,800 00 
24,500 00 

9,800 00 
41,400 00 

2,040 00 
26,875 00 

5,912 50 

9,525 00 
12,000 00 

4,120 00 
10,100 00 
16,250 00 

4,712 00 
14,000 00 
15,000 00 

4,000 00 
22,000 00 
19,800 00 
10,500 00 



$384,600 00 $473,009 50 



Market Value. Loaned Thereon. 

$1,482 00 $700 00 

6,517 hb 5,000 00 

25,000 00 25,000 00 



$32,999 55 $30,700 00 






THE READING FIRE INSURANCE CO. 



365 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 


$23,400 


00 




Loans on mortgage of real estate (first liens *), 


283,478 


00 




Interest due or accrued thereon, 


2,713 


10 




Stocks and bonds, as per schedule, . 


473,009 


50 




Loans on collateral security, as per schedule, . 


30,700 00 




Cash in the office of the company, . 


600 


86 




Cash deposited in bank, 


48,475 


37 




Interest due and accrued, .... 


26 83 




Premiums in course of collection (gross), 


45,841 


09 




Rents due and accrued, 


135 


90 




Reinsurance due on losses paid, 


194 45 




Prem's more than three mos. due, $213 91 








Gross assets, 






$908,575 10 






Liabilities. 








Losses adjusted, unpaid, . . . 


$1,264 


73 




claimed and reported, . 


27,963 


18 




disputed or resisted, . 


13,000 00 




Total amount of losses, . . 


$42,227 


91 




Less reinsurance, 


7,172 


49 




Net amount of unpaid losses, . 


$35,055 42 




Unearned premiums on outstanding risks, 


328,657 


45 




Reclaimable on perpetual fire policies, . 


4,638 


20 




Commissions and brokerage, . 


8,872 


47 




Reinsurance, 


69 


91 




Reinsurance disallowed, .... 


11,720 


86 




Gross liabilities, except capital, 






389,014 31 






Surplus as regards policy holders, . 


$519,560 79 








250,000 00 




$269,560 79 


Income. 








Fire premiums outstanding Dec. 31, 1899, 


$64,715 


38 




Premiums on risks written or renewed, . 


595,895 


01 




Total 


. $660,610 


39 




Premiums now in course of collection, . 


46,055 


00 




Entire premiums collected, 


. $614,555 


39 




Less reinsurance and return premiums, . 


177,659 


28 




Net cash fire premiums received, 






$436,896 11 














436,300 00 


Amount of insurance held as collateral, 


. 


328,515 00 



366 



THE READING FIRE INSURANCE CO. 



Interest received on mortgages, $17,734 17 

Interest and dividends received from all other sources, . . 17,280 50 

Income from rents, 1,715 30 

Profit on investments, 2,516 05 

Gross cash income, $476,142 13 



Expenditures. 

Cash paid for fire losses, $308,922 25 

Deduct salvage and reinsurance, . . . 63,440 91 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expense on real estate, 

for incidentals, .... 

Deposits returned on perpetual fire risks, . $200 00 



$245,481 34 

15,000 00 

107,595 63 

22,550 69 

8,729 86 

580 71 

19,669 52 



Gross cash expenditures, 



$419,607 75 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $55,597,839 00 $559,103 83 
Fire risks written during 1900, . . . 60,051,254 00 595,895 01 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



$115,649,093 00 $1,154,998 84 
. 47,283,458 00 477,452 41 



. $68,365,635 00 
. 5,152,112 00 



177,546 43 
52,538 08 



Net amount in force $63,213,523 00 $625,008 35 

Perpetual risks in force (not incl'd above), . $165,550 00 $4,937 05 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, . . . . 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, . 



$5,720,574 00 

3,092,596 00 

249,760 00 

515,069 00 

15,000 00 

248,410 00 



THE RELIANCE INSURANCE CO. OF PHILADELPHIA. 



367 



"THE RELIANCE INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 21, 1841. Commenced business Aug. 9, 1844.] 

Paid-up Capital, $300,000. 

WILLIAM CHUBB, President. CHAS J. WISTER, Jr., Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

City of Pittsburgh, Pa., bonds, . . . . $18,000 00 $19,800 00 

City of Quincy, 111., bonds 15,000 00 16,050 00 

City of Wilmington, Del., bonds, . '. . 20,000 00 22,300 00 

City of Chester, Pa., bonds, .... 5,000 00 5,550 00 

South Bethlehem, Pa., bonds, .... 4,000 00 4,360 00 

Atlantic City, N. J., bonds, .... 5,00000 5,25000 

New Castle County, Del., bonds, . . . 5,000 00 5,350 00 

United Company of New Jersey bonds, . . 5,000 00 5,500 00 

Lehigh Valley R.R. Co. bonds, . . . 25,000 00 25,250 00 

Easton & Amboy R R. Co. bonds, . . . 20,000 00 23,000 00 

North Pennsylvania R R. Co. bonds, . . 5,000 00 5,850 00 

Louisville & Nashville R.R. Co. bonds, . . 8,000 00 8,960 00 

Northern Central R.R. Co. bonds, . . . 5,000 00 5,450 00 

Philadelphia & Erie R.R. Co. bonds, . . 25,000 00 30,000 00 

Phila. & Baltimore Central R.R. Co. bonds, . 10,000 00 10,300 00 

Pennsylvania R.R. Co. bonds, .... 4,000 00 5,040 00 

Steubenville & Indiana R.R. Co. bonds, . . 10,000 00 11,400 00 

Camden & Atlantic R.R. Co. bonds, . . 30,000 00 33,000 00 

Pennsylvania & New York Canal Co. bonds, . 40,000 00 43,200 00 

Allentown Terminal R.R. Co. bonds, . . 15,000 00 15,150 00 

Philadelphia & Reading R.R. Co. bonds, . . 20,000 00 23,400 00 

Delaware River Ferry Co. bonds, . . . 8,000 00 8,400 00 

Philadelphia Traction Co. bonds, . . . 5,000 00 5,250 00 

People's Passenger R'y Co. bonds, . . . 10,000 00 10,800 00 

Penn. & New York Canal Co. bonds, . . 20,000 00 18,800 00 

Second Avenue Traction Co., Pitts., Pa., bonds, 15,000 00 17,550 00 

Hunt. & Broad Top Mt. R.R. & Coal Co. b'ds, . 10,000 00 ' 11,000 00 

Omaha Water Co., Omaha, Neb., bonds, . . 10,000 00 9,000 00 

Pitts., Char. & Youghiogheny R.R. Co. bonds, 7,000 00 7,210 00 

United Traction Co. of Pittsburg bonds, . . 10,000 00 11,500 00 

Philadelphia & Erie R.R. Co. bonds, . . 5,000 00 5,500 00 

West Jersey & Seashore R.R. Co. bonds, . 5,000 00 5,500 00 

Susquehanna Coal Co. bonds, .... 5,000 00 6,000 00 

100 shares Commercial National Bank, Phila., 1,500 00 500 00 

Western Pennsylvania R.R. Co. bonds, . . 10,000 00 11,200 00 

Wilmington City R'y Co. bonds, . . . 5,000 00 5,150 00 

Erie & Pittsburg R.R. Co. bonds, . . . 10,000 00 10,100 00 



368 THE RELIANCE INSURANCE CO. OF PHILADELPHIA. 



Allegheny Valley R'y Co. bonds, 

Lehigh Valley R.R. Co borfds, 

Pitts., Cin., Chic. & St. Louis R'y Co. bonds, 

34 shares Omaha Water Co., . 

Louisville & Nashville R.R. Co. bonds, . 

Penn. R.R. Co. Equipment Trust Loan, . 

Elec. & Peo. Traction Stock Trust certificates 

Western New York & Penn. R.R. Co. bonds, 

West Chester (N. Y.) Lighting Co. bonds, 

N. Y., Phila. & Norfolk R.R. Co. bonds, . 

32 shares company's own stock, $1,920 00 



Par Value. 

$20,000 00 
5,000 00 
36,000 00 
1,700 00 
8,000 00 
10,000 00 
5,000 00 
5,000 00 
5,000 00 
5,000 00 



Market Value. 

$23,600 00 
5,900 00 

36,360 00 

850 00 

7,920 00 

11,200 00 
5,000 00 
6,100 00 
5,100 00 
5,200 00 



$531,200 00 4574,850 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Perpetual insurance deposits, . 

Gross assets, 



$100,000 00 

221,660 00 

2,574 18 

574,850 00 

2,060 68 

45,050 95 

67,791 22 

673 32 

747 00 



$1,015,407 35 



Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$3,228 08 

44,886 03 

8,300 00 

$56,414 11 
8,859 41 

$47,554 70 

294,864 03 

135,240 24 

7,353 97 

6,894 68 



491,907 62 

8523,499 73 
300,000 00 






Surplus over capital, $223,499 73 



* Value of lands mortgaged, 
Value of buildings thereon, . 
Amount of insurance held as collateral, 



$200,300 00 
26S,700 00 
16i\566 00 



THE RELIANCE INSURANCE CO. OF PHILADELPHIA. 



369 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, ..... 

Income from all other sources, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 

Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, 
Deposits returned on perpetual fire risks, 

Gross cash expenditures, . 

Risks and Premiums. 



$63,650 
440,415 



98 
03 



$504,066 
67,791 



01 
22 



$436,274 
111,234 



79 
41 



sources, 



$7,433 00 



$234,918 
38,504 



95 
91 



$6,994 75 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Perpetual risks in force (notincl'd above), 



. $54,681,968 
. 42,735,926 



. $97,417,894 
. 38,167,466 



$59,250,428 
6,309,097 



.$52,941,331 
. $5,397,044 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (6 per cent.), . 
Company's stock owned by directors, .... 



$325,040 38 

10,244 11 

26,111 17 

2,465 80 

216 49 



$364,077 95 



$196,414 04 
18,000 00 
79,984 57 
25,713 91 
13,733 44 
25,322 05 

$359,168 01 



Premiums. 

00 $570,812 55 
00 440,415 03 



00 $1,011,227 58 
00 377,484 19 



00 $633,743 39 
00 68,654 16 



00 $565,089 23 
00 $148,293 05 



$5,337,665 00 

3,390,173 00 

208,103 00 

932,597 00 

18,000 00 

45,250 00 



370 



RHODE ISLAND MUTUAL FIRE INSURANCE CO. 



RHODE ISLAND MUTUAL FIRE INSURANCE COMPANY, 

PROVIDENCE, R. I. 

[Incorporated 1848. Commenced business 1848.] 
JOHN R. FREEMAN, President. ROSCOE L. COL MAN, Secretary. 



Detailed Statement of Stocks, 



United States bonds, 

250 shares Providence & Worcester R.R., 
133 

200 
880 
250 
200 
121 
100 
138 
100 
200 
100 
100 
100 
100 
200 
140 
200 



Illinois Central R.R., 
Rome, Watertown & Ogdens. R.R. 
Pennsylvania Railroad, . 
N. Y., New Haven & Hart. R.R., 
Chicago, Burlington & Quincy R.R. 
Chic, Rock Island & Pacific R.R., 
N Y., Lack. & Western R.R., 
Pittsburgh, Ft. Wayne & Chic. R.R. 
Chic, Mil. & St. Paul R.R., . 
Chicago & Northwestern R.R., 
CI., Cin., Chic. & St. Louis R.R., 
N. Y. Cent. & Hudson River R.R., 
Great Northern R.R., 
National Bank of Commerce, Prov. 
National Bank of North America, 
American National Bank, 
Merchants' National Bank, 



10 deb. certs. N. Y„ N. H. & Hart. R.R., 



Bonds, etc. 

Par Value. 

$25,000 00 

25,000 00 

13,300 00 

20,000 00 

44,000 00 

25,000 00 

20,000 00 

12,100 00 

10,000 00 

13,800 00 

10,000 00 

20.000 00 

10,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

7,000 00 

10,000 00 

10,000 00 



Market Value. 

134,625 00 
73,500 00 
17,556 00 
27,000 00 
65,505 00 
52,750 00 
28,500 00 
14,625 87 
13,500 00 
25,806 00 
18,750 00 
34,375 00 
11,600 00 
14,450 00 
19,000 00 
5,000 00 
9,200 00 
6,510 00 
13,100 00 
19,200 00 



$310,200 00 $504,552 87 



Summary of Assets Dec. 31, 1900. 



Stocks, bonds, etc., as per schedule, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross) 
Gross assets, .... 



8504,552 87 

42,299 21 

4,090 39 

3,840 04 



$554,782 51 



Liabilities. 

Losses claimed and reported, .... 8264 41 

Unearned premiums on outstanding risks, . 182,808 66 

State taxes, 6,716 80 

Gross liabilities, 



189,789 87 



Net cash assets, $364,992 64 



ROCHESTER GERMAN INSURANCE CO. 



371 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Interest and dividends received from all sources, 



$6,658 50 
380,684 84 

$387,343 34 
3,840 04 

$383,503 30 
14,519 13 



$368,984 17 
18,726 59 



Gross cash income, $387,710 76 



Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for rents, 

for inspections, .... 
for incidentals, 



Gross cash expenditures, .... 

Risks and Premiums. 

Amount. 

Risks outstanding Dec. 31, 1899, $41,278,825 00 
Risks written during 1900, . 49,730,350 00 



Total, $91,009,175 00 

Risks terminated during 1900, . 43,559,660 00 



Cash Prem's. 

$319,739 51 
380,684 84 

$700,424 35 
334,807 04 



$23,409 18 
288,248 10 
8,960 06 
7,156 68 
747 51 
5,572 68 
2,416 65 

$336,510 86 



Conting't Prem's. 

$1,598,697 55 
1,903,424 20 

$3,502,121 75 
1,674,035 20 



In force at end of year, 



.$47,449,515 00 $365,617 31 $1,828,086 55 



Miscellaneous. 

Losses incurred during the year, .... 
Profits or surplus returned during 1900, 90 per cent. 



$21,450 00 



"ROCHESTER GERMAN INSURANCE COMPANY OF ROCHESTER, 
NEW YORK,' 1 ROCHESTER, N. Y. 

[Incorporated Feb. 16, 1872. Commenced business Feb. 23, 1872.] 

Paid-up Capital, $200,000. 

FREDERICK COOK, President. H. F. ATWOOD, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

$30,000 00 $32,325 00 

200,000 00 214,000 00 



Rochester Gas & Electric Co. bonds, 
Rochester Railway bonds, 



372 



ROCHESTER GERMAN INSURANCE CO. 



Georgia State bonds, .... 

Erie R.R. bonds, 

Santa Fe, Prescott & Phoenix R.R. bonds, 
Union Pacific R.R. bonds, .... 
Southern Railway bonds, .... 
Northern Pacific R.R. bonds, 
Nashville, Chattanooga & St. Louis R.R. bonds 
Atchison, Topeka & Santa Fe R.R. bonds, 
Minneapolis & St. Louis R R. bonds, 
German-American Bank of Rochester stock, 
Title & Guarantee Co. of Rochester stock, 
Rochester Gas & Electric Co. stock, 



Par Value. 

110,000 00 
10,000 00 
25,000 00 
20,000 00 
20,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
10,000 00 
25,000 00 



Market Value. 

$11,700 00 

8,800 00 

25,000 00 

20,400 00 

21,300 00 

10,300 00 

10,450 00 

9,900 00 

11,200 00 

26,000 00 

10,000 00 

30,000 00 



$400,000 00 $441,375 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 

Loans on mortgage of real estate (first liens *), 

Interest due or accrued thereon, 

Stocks and bonds, as per schedule, 

Cash in the office of the company, 

Cash deposited in bank, 

Interest due and accrued, . 

Premiums in course of collection (gross), 

Gross assets, 

Deduct special deposits in other States, . 



$211,906 86 

395,147 05 

6,730 12 

441,375 00 

262 19 

57,916 58 

4,968 82 

87,403 80 



$1,205,710 42 
11,700 00 



Balance, $1,194,010 42 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



$1,231 86 
18,145 91 

7,000 00 

379,193 52 

28,218 18 

1,747 45 

$435,536 92 
7,007 16 



428,529 76 



Surplus as regards policy holders, $765,480 66 

Paid-up capital, 200,000 00 

Surplus over capital, $565,480 66 

* Value of lands mortgaged $431,890 00 

Value of buildings thereon, 537,450 00 

Amount of insurance held as collateral, .... 359,400 00 



ROCHESTER GERMAN INSURANCE CO. 



373 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



$79,812 54 
650,149 01 



Total, $729,961 55 

Premiums now in course of collection, . . 87,403 80 



Entire premiums collected, .... $642,557 75 
Less reinsurance and return premiums, . . 176,251 12 

Net cash fire premiums received, . . . $466,306 63 

Interest received on mortgages, 20,544 18 

Interest and dividends received from all other sources, . . 18,615 07 

Income from rents, 9,452 83 

Income from all other sources, 836 72 

Gross cash income, $515,755 43 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$298,435 59 
60,062 10 



Gross cash expenditures, 



$238,373 49 
20,000 00 
96,591 82 
31,764 84 
20,792 72 
38,270 68 

$445,793 55 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

.$68,741,704 00 $679,016 79 
. 61,582,945 00 650,149 01 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$130,324,649 00 $1,329,165 80 
. 50,202,478 00 514,461 40 



,122,171 00 $814,704 40 
8,242,998 00 91,641 52 



.$71,879,173 00 $723,062 88 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, . . . . 



$9,350,510 00 

5,205,371 00 

223,308 00 

499,000 00 

20,000 00 

33,663 00 



374 



SECURITY INSURANCE CO. OF NEW HAVEN. 



"SECURITY INSURANCE COMPANY OF NEW HAVEN," 
NEW HAVEN, CONN. 

[Incorporated April, 1841. Commenced business April, 1841.] 

Paid-up Capital, $300,000. 

CHAS. S. LEETE, President. H. MASON, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Tradesmen's Nat'l Bank (New Haven) stock, . 116,000 00 $23,520 00 

Second Nat'l Bank (New Haven) stock, . . 11,700 00 21,645 00 

Merchants' Nat'l Bank (New Haven) stock, . 20,000 00 23,200 00 

Yale Nat'l Bank (New Haven) stock, . . 20,000 00 26,000 00 

New Haven Nat'l Bank (New Haven) stock, . 21,000 00 38,850 00 

New Haven Co. Nat'l B'k (New Haven) stock, 18,830 00 30,692 90 

First Nat'l Bank (New Haven) stock, . . 13,300 00 19,950 00 

Amer. Exch. Nat'l Bank (N. Y.) stock, . . 10,000 00 19,800 00 

Southern New Eng. Telephone Co. stock, . 17,300 00 23,355 00 

N. Y. Steam Power Co. stock, .... 2,500 00 1,543 33 

Northern R.R. of N. J. stock, .... 20,000 00 20,000 00 

Union Pacific R.R. stock, 10,000 00 8,600 00 

Northern Pacific R.R. stock, .... 10,000 00 8,900 00 

Norfolk & Western R.R. stock, . . . 10,000 00 8,300 00 

Chic, Rock Island & Pacific R.R. stock, . . 12,100 00 14,762 00 

Cleve., Cm., Chic. & St. Louis R'y Co. stock, . 10,000 00 11,500 00 

Illinois Central R.R. stock, .... 10,000 00 13,300 00 

Delaware & Hudson Canal Co. stock, . . 10,000 00 13,400 00 

Fair Haven & Westville R.R. stock, . . 6,250 00 11,250 00 

Newark (N. J.) Consol. Gas Co. bonds, . . 10,000 00 10,600 00 

Macon (Ga.) Gas Light & Water Co. bonds, . 20,000 00 17,900 00 

Minneapolis & St. Louis R.R. bonds, . . 22,000 00 22,560 00 

Colum. & Hocking Coal & Iron Co. bonds, . 10,000 00 9,000 00 

Southern R'y bonds, 10,000 00 11,400 00 

Central R.R. of Georgia bonds, . . . 5,000 00 00 

Southern New Eng. Telephone Co. bonds, . 6,000 00 7,260 00 

Meriden (Conn.) Horse R.R. Co. bonds, . . 12,000 00 13,680 00 

Lynn (Mass.) Belt Line St. R'y Co. bonds, . 3,500 00 3,675 00 

Danbury & Bethel (Conn.) Horse R'y Co. b'ds, 7,000 00 7,420 00 

Bridgeport (Conn.) Traction Co. bonds, . . 10,000 00 11,500 00 

New Haven St. R'y Co. bonds, .... 5,000 00 5,650 00 

Binghamton & L. (N. Y.) St. R.R. bonds, . 10,000 00 10,300 00 

Norwalk Tramway Co. (Conn.) bonds, . . 8,000 00 8,320 00 

Waterbury (Conn.) Traction Co. bonds, . . 10,000 00 10,400 00 

United R.R. of St. Louis bonds, . . . 10,000 00 8,600 00 

City of Indianapolis bonds, .... 2,500 00 2,575 00 



SECURITY INSURANCE CO. OF NEW HAVEN. 



375 



City of Omaha bonds, 
International Silver Co. bonds, 



Par Value. 
$10,000 00 

10,000 00 



Market Value. 

$11,000 00 
9,800 00 



$429,980 00 $521,708 23 



Securities held as collateral for cash loans : — 



International Silver Co. bonds, 
City Bank stock, New Haven, . 
Mechanics 1 Bank stock, New Haven, 
New Haven Water Co. stock, New Haven, 
Southern R.R. bonds, 
Bridgeport Traction Co. bonds, 
Southern New Eng. Telephone Co. bonds, 
International Silver Co. bonds, 
Norwalk Tramway Co. bonds, . 



Market Value. 

$4,900 00 

1,450 00 

417 60 

1,125 00 

7,940 00 



} 

2,300 00 | 
4,840 00 )> 
3,920 00 
3,120 00 J 



Loaned Thereon. 

$4,500 00 
2,500 00 



15,000 00 



$30,012 60 $22,000 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire, marine and inland risks, 
Rents due and accrued, .... 
Reinsurance due on losses paid, 

Gross assets, 



$84,600 00 

204,538 78 

1,449 68 

521,708 23 

22,000 00 

208 38 

74,423 14 

1,550 54 

100,948 14 

4,541 32 

41 67 

636 35 



$1,016,646 23 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 



$18,647 65 

32,664 84 

895 00 

$52,207 49 
3,385 94 



,821 55 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$248,605 00 
225,300 00 
159,050 00 



376 



SECURITY INSURANCE CO. OF NEW HAVEN. 



Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, 
Reinsurance, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



$454,086 54 

4,645 89 

1,125 72 

17,041 04 

7,444 51 

23,174 87 

14 54 



$556,354 66 

$460,291 57 
300,000 00 



Surplus over capital, $160,291 57 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Same not collected, 



Net collected, 

Premiums on risks written or renewed, . 



$95,861 87 
1,036 36 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, ........ 



$94,825 51 
733,048 65 


$827,874 
91,780 


16 
53 


$736,093 
217,608 


63 

88 


$5,384 79 

17 88 


$5,366 
80,471 


91 

74 


$85,838 65 
9,167 61 


$76,671 
23,785 


04 
50 



$518,484 75 



52,885 54 
8,336 38 

24,294 58 
2,870 40 



Gross cash income, $606,871 65 



SECURITY INSURANCE CO. Of NEW HAVEN. 



377 



Expenditures. 

Cash paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$417,841 45 
77,445 78 

$49,267 14 
11,614 32 



$340,395 67 



37,652 82 

24,000 00 

127,463 40 

89,632 74 

9,613 85 

998 79 

1629,757 27 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



. $78,419,288 00 
. 71,327,483 00 

$149,746,771 00 
. 58,573,671 00 

.$91,173,100 00 
. 11,365,657 00 



Premiums. 

$846,187 22 
733,048 65 

$1,579,235 87 
632,898 18 

$946,337 69 
121,438 32 



. $79,807,443 00 $824,899 37 



$518,029 00 
9,074,203 00 

$9,592,232 00 
9,015,939 00 

$576,293 00 
109,900 00 



$26,108 15 

80,471 74 

$106,579 89 

78,726 41 

$27,853 48 

3,889 81 



$466,393 00 $23,963 67 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$11,555,324 00 
7,727,757 00 
330,562 00 
34,320 00 
508,281 00 
24,000 00 
67,160 00 



378 



SPRING GARDEN INSURANCE CO. 



" SPRING GARDEN INSURANCE COMPANY," PHILADELPHIA, PA- 

[Incorporated April 15, 1835. Commenced business Aug. 29, 1835.] 

Paid-up Capital, $400,000. 

CHAS. ROBERTS, President. CLARENCE E. PORTER, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Allegheny Valley R.R. bonds, . . . . $10,000 00 $12,500 00 

Asphalt Co. of America, Col., gold certificates, 10,000 00 6,300 00 

Bells Gap R.R. bonds, 20,000 00 22,300 00 

Chic. & Western Indiana R.R. bonds, . . 15,000 00 18,000 00 

Choctaw, Oklahoma & Gulf R.R. Co. bonds, . 20,000 00 22,000 00 

Clearfield & Jefferson R'y bonds, . . . 10,000 00 11,600 00 

Cleveland, Columbus, Cin. & Ind. R.R. bonds, 10,000 00 13,400 00 

Cleveland Electric R'y bonds, .... 5,000 00 5,300 00 

Consolidated Traction Co. bonds, . . . 20,000 00 21,800 00 

Edison Electric gold trust certificates, . . 25,000 00 28,250 00 

Electric & People's Trac. gold stock trust, cert., 30,000 00 30,000 00 

International Navigation Co. of N. J. bonds, . 51,000 00 52,530 00 

Jacksonville & St. Louis R'y bonds, . . 5,000 00 4,250 00 

Jacksonville & Southeastern R'y bonds, . . 7,000 00 7,000 00 

Lehigh Coal & Navigation bonds, . . . 20,000 00 25,400 00 

Lehigh Coal & Nav. Fund. & Imp. gold bonds, 15,000 00 15,600 00 

Lehigh Valley Coal Co. bonds, . . . 25,000 00 27,000 00 

Lehigh Valley R.R. "annuity" bonds, . . 20,000 00 25,400 00 

Lehigh Valley R'y of N. Y. bonds, . . . 5,000 00 5,450 00 

Mortgage Trust Co. of Penn. bonds, . . 25,000 00 20,000 00 

N. Y., Phila. & Norfolk R.R. bonds, . . 55,000 00 50,600 00 

Ohio & Little Kanawha R.R. bonds, . . 1,000 00 1,000 00 

Pennsylvania & N. Y. Canal & R.R. bonds, . 25,000 00 25,500 00 

Pennsylvania & Northwestern R.R. bonds, . 25,000 00 25,000 00 

Pennsylvania Steel Co. bonds, .... 20,000 00 22,000 00 

Phila. Electric gold trust certificates, . . 25,000 00 25,000 00 

Philadelphia & Reading R.R. bonds, . . 35,000 00 36,000 00 

Philadelphia Co. bonds, 25,000 00 28,000 00 

Reading Co. & P. & R. Coal & Iron Co. bonds, 10,000 00 9,550 00 

Rochester Railway Co. bonds 10,000 00 10,900 00 

Sanitary Dist. of Chicago, 111., bonds, . . 10,000 00 11,400 00 

Schuylkill River East Side R.R. bonds, . . 10,000 00 11,100 00 

Steubenville & Indiana R.R. bonds, . . 5,000 00 5,650 00 

St. Louis Merchants' Bridge Term. R'y bonds, 10,000 00 11,400 00 

Sunbury, Hazleton & Wilkes-Barre R'y bonds, 10,000 00 11,600 00 

Wilmington & Northern R.R. bonds, . . 25,000 00 26,750 00 

600 shares Bethlehem Iron Co., . . . 30,000 00 35,400 00 

300 " Central R.R., New Jersey, . . 30,000 00 44,100 00 

658 " Cambria Iron Co., .... 32,900 00 29,939 00 

41 " Fourth St. National Bank of Phila., 4,100 00 8,692 00 



SPRING GARDEN INSURANCE CO. 



379 



200 shares Perm. National Bank of Phila., 
250 " Philadelphia Company, . 

Securities held as collateral for cash loans : — 

200 shares United Gas Improvement Co., 
Pennsylvania & Maryland Steel Co. bonds, 



Par Value. Market Value. 

$10,000 00 $18,700 00 
12,500 00 11,750 00 



$768,500 00 $834,111 00 

Market Value. Loaned Thereon. 

$25,600 00? ?25i00000 
5,150 00 S 



$30,750 00 $25,000 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *) 
Interest due or accrued thereon, 
Stocks and bonds, as - per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 
Rents due and accrued, .... 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $1,144 81 
Gross assets, 

Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 

Unearned premiums on outstanding risks 

Reclaimable on perpetual fire policies, 

Reserved for contingencies, 

Due and accrued for rent, salaries, etc., 

State and local taxes, 

Commissions and brokerage, . 

Return premiums and reinsurance, . 

Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 

Surplus over capital, . 



$310,800 00 

50,870 00 

857 01 

834,111 00 

25,000 00 

3,385 26 

23,155 25 

106,997 38 

400 00 

342 50 

2,073 25 



$1,357,991 65 



$10,494 97 
35,624 52 
14,105 46 

$60,224 95 
22,610 84 

$37,614 11 

378,469 44 

374,663 32 

15,000 00 

1,651 90 

1,417 36 

19,376 15 

26,327 56 

3,741 80 



858,261 64 

$499,730 01. 
400,000 00 

$99,730 01 



* Value of property mortgaged, . 
Amount of insurance held as collateral, 



$90,000 00 
54,600 00 



380 



SPRING GARDEN INSURANCE CO. 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, etc., .... 

Deposits received for perpetual fire risks, 



$161,931 17 
774,515 05 

$936,446 22 
108,142 19 

$828,304 03 
253,092 78 



sources, . 



1575,211 25 

3,476 92 
37,755 37 
18,900 02 



$8,061 51 



Gross cash income, $635,343 56 



Expenditures. 

Cash paid for fire losses, $491,354 17 

Deduct salvage and reinsurance, . . . 234,747 59 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 



for salaries of officers and employees, . 

for State and local taxes, 

for rent and incidentals, .... 



Deposits returned on perpetual fire risks, 



$25,537 68 



8256,606 58 
32,000 00 
84,610 37 
35,228 34 
22,632 06 
90,617 36 



Gross cash expenditures, $521,694 71 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$148,850,901 00 $1,274,327 58 
. 75,052,689 00 774,515 05 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



$223,903,590 00 $2,048,842 63 
. 87,497,241 00 826,008 36 



$136,406,349 00 $1,222,S34 27 
. 65,119,328 00 528,521 69 



Net amount in force $71,287,021 00 $694,312 58 

Perpetual risks in force (not incPd above), . $17,676,392 00 $410,737 02 



STATE MUTUAL FIRE INSURANCE CO. 



381 



Miscellaneous. 

Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (8 per cent.), . 
Company's stock owned by directors, .... 



$5,182,629 00 

233,881 00 

1,961,215 00 

32,000 00 

79,050 00 



STATE MUTUAL FIRE INSURANCE COMPANY, 
PROVIDENCE, R. I. 

[Incorporated Feb. 26, 1855. Commenced business Feb. 26, 1855.] 
THOMAS J. BORDEN, President. THEODORE P. BOGERT, Secretary. 



Detailed Statement of Stocks, 



United States bonds, 

State of Rhode Island bonds, . 

City of Providence bonds, 

City of Boston bonds, . . . . 

448 shares Providence & Worcester R.R., 

500 ' 

200 ' 

300 ' 

400 

350 ' 

300 ' 

500 ' 

125 

110 



Old Colony Railroad, 
Boston & Providence Railroad, 
Pittsburg, Ft. Wayne & C. R.R., 
Rome, Watertown & Ogdens. R.R 
N.Y., Lackawanna & Western R.R 
Cleveland & Pittsburg Railroad, 
Morris & Essex Railroad, 
N. Y., N. H. & Hartford R.R., 
Merchants 1 National Bank, 



Bonds, etc. 

Par Value. 

$50,000 00 
60,000 00 
50,000 00 
47,000 00 
44,800 00 
50,000 00 
20,000 00 
30,000 00 
40,000 00 
35,000 00 
15,000 00 
25,000 00 
12,500 00 
5,500 00 



Market Value. 

$69,000 00 

60,900 00 

58,500 00 

47,660 00 

134,400 00 

101,500 00 

60,400 00 

56,700 00 

54,000 00 

47,250 00 

28,350 00 

47,000 00 

26,375 00 

7,150 00 



$484,800 00 $799,185 00 



Summary of Assets Dec. 31, 1900. 



Stocks, bonds, etc., as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross) 
Gross assets, .... 



$799,185 00 

557 34 

45,043 07 

6,242 09 

5,346 31 



$856,373 81 



Liabilities. 

Unearned premiums on outstanding risks, 

State taxes, 

Gross liabilities, 



$319,877 79 
11,901 72 



331,779 51 



Net cash assets, $524,594 30 



382 



ST. PAUL FIRE AND MARINE INSURANCE CO. 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 



Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash premiums received, . 

Interest and dividends received from all sources, 

Gross cash income, 

Expenditures. 

Cash paid for losses, 

as profits on terminated policies, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$9,816 36 
671,157 35 

f680,978 71 
5,346 31 

$675,627 40 
28,006 65 



Gross cash expenditures, 



$647,620 75 
26,985 13 

$674,605 88 



$45,621 00 

537,591 B5 

16,936 08 

13,118 37 

14,725 16 

$627,992 46 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 



Risks outstanding Dec. 31,1899, $74,302,810 00 $595,833 54 $2,979,167 70 

Risks written during 1900, . 86,259,188 00 676,289 39 3,381,446 95 

Total,. . . . $160,561,998 00 $1,272,122 93 $6,360,614 65 

Risks terminated during 1900, . 79,497,015 00 632,367 36 3,161,836 80 



In force at end of year, . 



,064,983 00 $639,755 57 $3,198,777 85 



Miscellaneous. 



Losses incurred during the year, .... 
Profits or surplus returned during 1900, 89.92 per cent. 



$45,621 00 



" ST. PAUL FIRE AND MARINE INSURANCE COMPANY," 

ST. PAUL, MINN. 

[Incorporated May, 1865. Commenced business May, 1S65.] 

Paid-up Capital, $500,000. 

C. H. BIGELOW, President. A. W. PERRY, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

320 shares First N'l B'k of St. Paul, Minn., . $32,000 00 $72,000 00 
50 " Second N'l B'k of St. Paul, Minn., . 5,000 00 9,750 00 



ST. PAUL FIRE AND MARINE INSURANCE CO. 



383 






742 shares Merch. N'l B'k of St. Paul, Minn., . 
335 " St. Paul N'l B'k of St. Paul, Minn., 
125 " First N'l B'k of Minn., Minn., 
40 " North w'n N'l B'k of Minn., Minn., 
50 " First N'l B'k of Stillwater, Minn., 
45 " First N'l B'k of Alexandria, Minn 
60 " Amer. Exch. B'k of Duluth, Minn., 
50 " First N'l B'k of Duluth, Minn., 
25 " First N'l B'k of St. Peter, Minn., 
20 " Northw'n N'l B'k of Superior, Wis. 
100 " No. Amer. Tel. Co., Minn., Minn., 
110 " West Pub. Co., St. Paul., Minn., 
500 " St. Paul Found. Co., St. P'l, Minn. 
500 " Chic. Great Western Railway, 
Northern Pacific R'y bonds, 
Chic , St. Paul, Minn. & Omaha R'y Co. bonds 
Union Pacific R'y bonds, . 
Louisville & Nashville R.R. Co. bonds, 
Montana Central R.R. Co. bonds, 
Baltimore & Ohio R.R. Co. bonds, 
City of Portland, Ore., bonds, . 
City of Jordan, Minn., bonds, . 
State of Georgia bonds, . 
City of St. Paul, Minn , certificates, 
City of Duluth, Minn., certificates, 
County of Missoula, Mont., bonds, 
City of Faribault, Minn., bonds, 
County of Kidder, N. D., bonds, 
County of Morton, N. D., bonds, 
Village of Glencoe, Minn., bonds, 
Town of Elmore, Minn., bonds, 
Town of Jo Davies, Minn., bonds, 
Town of Pilot Grove, Minn, bonds, 
Village of Winnebago City, Minn., bonds 
Village of Fulda, Minn., bonds, 
Village of Detroit, Minn , Sch. Dis. No. 1 b'ds, 
Jt. Sch. Dis. No. 33, Cass & Barnes, N. D., b'ds, 
City of Richmond, Va., bonds, . 
Minneapolis Gas Light Co. bonds, 
Sch. Dis. No. 85, Cass & Bar. Co., N. D., b'ds, 
St. Paul Gas Light Co. bonds, . 
Roberts County, S. Dak., bonds, 
Grant County, New Mex., bonds, 
St. Paul Trust Co. bonds, . 
Board of State Capitol Com. of Minn, certs., 
Town of Fisher, Minn., bonds, . 
City of Grand Forks, N. D., bonds, 
Village of Gaylord, Minn., bonds, 



Par Value. 

$74,200 00 
33,500 00 
12,500 00 
4,000 00 
5,000 00 
4,500 00 
6,000 00 
5,000 00 
2,500 00 
2,000 00 
10,000 00 
11,000 00 
25,000 00 
50,000 00 
100,000 00 
50,000 00 
50,000 00 
25,000 00 
35,000 00 
50,000 00 
50,000 00 
24,000 00 
25,000 00 
33,000 00 
12,230 56 
10,000 00 
25,000 00 
9,000 00 
12,000 00 
8,000 00 
3,500 00 
5,500 00 
1,250 00 
4,000 00 
5,000 00 
5,000 00 
1,000 00 
25,000 00 
6,000 00 
2,100 00 
10,000 00 
12,000 00 
10,000 00 
2,500 00 
50,000 00 
6,100 00 
4,000 00 
5,000 00 



Market Value. 

$74,200 00 
30,150 00 
13,750 00 
5,600 00 
7,500 00 
6,525 00 
6,900 00 
6.500 00 
3,125 00 
1,500 00 
8,000 00 
11,922 50 
25,000 00 
45,500 00 
104,000 00 
67,500 00 
52,500 00 
25,000 00 
46,550 00 
44,375 00 
57,230 00 
25,200 00 
26,000 00 
33,000 00 
12,630 56 
11,500 00 
25,000 00 
9,9u0 00 
13,080 00 
9,200 00 
3,500 00 
5,775 00 
1,250 00 
4,000 00 
5,250 00 
5,500 00 
1,000 00 
25,000 00 
6,240 00 
2,100 00 
11,500 00 
13,200 00 
10,000 00 
2,500 00 
50,000 00 
6,710 00 
4,360 00 
5,300 00 



384 



ST. PAUL FIRE AND MARINE INSURANCE CO. 



Sch. Dis. No. 81, Spokane Co., Wash., bonds, 
Baker City, Ore., bonds, .... 
City of Aberdeen, S. D., bonds, 
Township of Staples, Minn., bonds, . 
City of Redwood Falls, Minn., bonds, 
Town of Kiester, P'aribault Co., Minn., bonds 
Town of Seeley, Faribault Co., Minn., bonds, 
Contracts for sale of land, Richland Co., N. D. 



Par Value 

«50,000 00 

10,000 00 

4,000 00 

4,000 00 

6,000 00 

10,500 00 

11,000 00 

12,707 31 



Market Value. 

$57,500 00 

10,800 00 

4,418 75 

4,200 00 

6,742 50 

10,500 00 

11,000 00 

12,707 31 



$1,066,587 87 $1,171,641 62 
Securities held as collateral for cash loans : — 

Market Value. Loaned Thereon. 

50 shares No. Amer. Tel. Co of Minn., Minn., $4,000 00 $3,300 00 

83 " First Nat'l Bank, St. Paul, . . 18,675 00 5,500 00 

100 " Merch. Nat'l Bank, St. Paul, . . 10,000 00 7,200 00 

50 " First N'l Bank, Little Falls, Minn., 6,500 00 4,000 00 

46 " Cons. Elevator Co., Duluth, Minn., . 4,600 00 3,000 00 

46 " Cons. Elevator Co., Duluth, Minn., . 4,600 00 2,000 00 

92 " Cons. Elevator Co., Duluth, Minn., . 4,600 00 2,895 05 

50 " Franklin Invest. Co., St. Paul, . 10,000 00 5,500 00 

30 " N'l Ger. Amer. Bank, St. Paul, . 2,850 00 1,500 00 

315 " Far., Oz., Kirk & Co., St. P'l, Minn., 47,250 00 12,980 00 

40 " C. W. Hackett Hdw. Co., St. P'l, . 5,000 00 2,500 00 

25 " St. Paul Title & Trust Co., . . 625 00 500 00 

124 " St. Paul Pioneer Press Co., . . 3,100 00 2,000 00 

Little Falls, Minn., Elec. & Water Co. bonds, . 8,100 00 5,350 00 

Little Falls, Minn., Water Power Co. bonds, . 22,500 00 18,000 00 

$152,400 00 $76,225 05 



Summary of Assets Dec. 


31, 1900. 




Cash value of unencumbered real estate, 


$636,350 82 




Loans on mortgage of real estate (first liens *), 


296,475 00 




Stocks and bonds, as per schedule, . 


1,171,641 62 




Loans on collateral security, as per schedule, . 


76,225 05 




Cash in the office of the company, . 


14,175 25 




Cash deposited in bank, 


160,228 49 




Premiums in course of collection (gross), 


269,518 08 




Notes taken for fire, marine and inland risks, . 


16,932 34 




Gross assets, 


£° 611 t 16 


65 


^-^Ull )tJ^\J 


Deduct special deposits in other States, . 


104,960 


00 




. $2,536,586 


65 




$175,425 00 










Amount of insurance held as collateral, 


32-2,425 00 





ST. PAUL FIRE AND MARINE INSURANCE CO. 



385 



Liabilities. 

Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



$43,076 27 

126,254 93 

14,944 07 

$184,275 27 
21,902 01 

$162,373 26 

1,182,868 63 

35,154 53 

50,121 83 

$1,430,518 25 
32,246 69 



$1,398,271 56 



Surplus as regards policy holders, . 
Paid-up capital, 



. $1,138,315 09 

500,000 00 



Surplus over capital, $638,315 09 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 



Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 



Gross cash income, 



|262,078 52 
1,832,393 30 

$2,094,471 82 
269,518 08 

$1,824,953 74 
327,229 89 

$16,393 54 
544,516 02 

$560,909 56 
16,932 34 

$543,977 22 
201,415 81 



sources, 



$1,497,723 85 



342,561 41 

16,886 26 

59,494 57 

18,074 4S 

$1,934,740 52 



386 



ST. PAUL FIRE AND MARINE INSURANCE CO. 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 
Cash paid for marine and inland losses, 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employe 
for State and local taxes, 
for incidentals, 



$1,021,156 10 
136,731 15 

1300,222 38 
121,620 95 



£884,424 95 



es, 



Gross cash expenditures, .... 

Risks and Premiums. 



178,601 43 
50,000 00 

389,761 52 
86,205 73 
49,413 87 

146,151 09 

. 11,78-1,558 59 



Premiums. 

Fire risks outstanding Dec. 31, 1899, . $175,376,634 00 $2,159,032 82 



Fire risks written during 1900, 

Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. 122,689,749 00 1,832,393 30 



$298,066,383 00 £3,99 1,426 12 
.120,273,733 00 1,705,611 97 



£177,792,650 00 $2,285,814 15 
. 12,610,308 00 155,837 64 



$165,182,342 00 $2,129,976 51 

. $5,211,441 00 |141,506 19 
. 70,099,272 00 544,516 02 



. $75,310,713 00 $686,022 21 
. 70,117,700 00 484,383 61 



. $5,193,013 00 £201,638 60 
. 1,331,326 00 54,955 21 



$3,861,687 00 £146,683 39 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Marine and inland losses incurred during the year, 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$28,177,067 00 

17,649,287 00 

868,184 00 

174,765 00 

1,496,694 00 

50,000 00 

73,800 00 



TEUTONIA INSURANCE CO. OF NEW ORLEANS. 



387 



" TEUTONIA INSURANCE COMPANY OF NEW ORLEANS," NEW 

ORLEANS, LA. 

[Incorporated April 12, 1871. Commenced business June 1, 1871.] 

Paid-up Capital, $250,000. 

ALBERT P. NOLL, President. GEORGE MEYER, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

$270,000 00 

160,000 00 

50,000 00 

10,000 00 

2,500 00 

1,000 00 



New Orleans city bonds, .... 

Louisiana State bonds, .... 

United States bonds, 

100 shares Canal Bank, New Orleans, 
25 " Germania N'l Bank, New Orleans, 
10 " Provident Savings Bank, N. O., 



Market Value. 

$319,887 50 

177,200 00 

58,000 00 

13,700 00 

3,287 50 

1,090 00 



$493,500 00 $573,165 00 



Summary of Assets Dec 

Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



31, 1900. 

$40,000 00 

573,165 00 

303 33 

31,741 98 

76,000 32 



$721,210 63 



Liabilities. 

Losses adjusted, unpaid, .... 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 

Reinsurance, 

Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



$28,156 81 
235,355 16 

13,150 00 
4,000 00 

12,035 80 



292,697 77 

$428,512 86 
250,000 00 



Surplus over capital, $178,512 86 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 



$64,483 77 
657,153 42 

$721,637 19 
73,199 87 

$648,437 32 
203,715 17 



$444,722 15 



388 



TEUTONIA INSURANCE CO. OF NEW ORLEANS, 



Marine premiums outstanding Dec. 31, 1899, . $2,423 50 

Premiums on risks written or renewed, . . 34,411 97 

Total $36,835 47 

Premiums now in course of collection, . . 2,800 45 

Entire premiums collected, .... 134,035 02 

Less reinsurance and return premiums, . . 7,473 50 

Net cash marine premiums received, , . 

Interest and dividends received from all sources, . 



,561 52 
26,117 76 



Gross cash income, $497,401 43 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash paid for marine and inland losses, 
Cash dividends paid, .... 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, . 

for incidentals, .... 



$320,660 10 
40,005 31 



$280,654 79 
11,545 77 
25,000 00 
106,318 15 
27,304 30 
8,567 42 
38,390 35 



Gross cash expenditures, $497,780 78 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $32,283,438 00 $482,678 94 



Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks written during 1900, . 
Deduct risks expired and terminated, 



. 40,501,250 00 657,153 42 



$72,784,688 00 $1,139,832 36 
33,174,255 00 622,234 94 



.$39,610,433 00 $517,597 42 
. 6,423,040 00 75,626 60 



. $33,187,393 00 $441,970 82 

. $5,682,524 00 $34,411 17 
. 5,682,524 00 34,411 17 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Marine and inland losses incurred during the year, 



$7,918,653 00 

3,651,069 00 

308,811 00 

11,545 00 



TRADERS INSURANCE CO. 



389 



Cash dividends declared from organization of company, . $638,892 00 
Dividends declared during the year (10 per cent.), . . 25,000 00 
Company's stock owned by directors, 75,500 00 



« TRADERS' INSURANCE COMPANY," CHICAGO, ILL. 

[Incorporated February, 1865. Commenced business May, 1872.] 

Paid-up Capital, $500,000. 

E. BUCKINGHAM, President. S. A. ROTHERMEL, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $110,000 00 $118,700 00 

North Chicago St. R.R. Co. bonds, . . . 5,000 00 5,000 00 

Cass Ave. & Fair Grounds Railway bonds, . 10,000 00 10,000 00 

Chic. & Eastern Illinois R.R. bonds, . . 10,000 00 11,600 00 

Lake Erie & Western R.R. bonds, . . . 20,000 00 24,800 00 

Wabash Railroad bonds, 25,000 00 29,375 00 

Atchison, Topeka & Santa Fe R'y bonds, . 50,000 00 44,000 00 

Union Pacific R.R. bonds, 50,000 00 53,750 00 

Erie Railroad bonds, 50,000 00 49,375 00 

Metropolitan West Side Elevated R.R. bonds, 20,000 00 19,500 00 

United States of Mexico bonds, . . . 48,500 00 48,257 50 

Chicago, Milwaukee & St. Paul R'y stock, . 100,000 00 161,000 00 

Chicago & Northwestern R'y stock, . . . 75,000 00 137,250 00 

Illinois Central R.R. stock, .... 70,000 00 90,300 00 

Denver & Rio Grande R.R. stock, . . . 120,000 00 101,400 00 

Chic, St. Paul, Minn. & Omaha R'y stock, . 15,000 00 18,750 00 

Union Pacific R.R. stock, 50,000 00 41,250 00 

Chicago & Alton R'y stock 50,000 00 37,500 00 

Chicago City R'y stock, 176,500 00 450,075 00 

Chicago West Division R'y stock, . . . 6,800 00 47,600 00 

North Chicago City R'y stock, .... 5,000 00 27,500 00 

North Chicago Street R.R. stock, . . . 72,000 00 136,800 00 

South Side Elevated R.R. stock, . . . 30,000 00 29,850 00 

First National Bank stock, .... 10,000 00 32,500 00 

Corn Exchange National Bank stock, . . 27,500 00 89,375 00 

Continental National Bank stock, . . . 32,500 00 56,875 00 

American Exchange National Bank stock, . 25,000 00 2,500 00 

National Bank of America stock, . . . 30,000 00 2,400 00 

America National Bank stock, .... 27,500 00 5,500 00 

Union National Bank stock, .... 20,000 00 2,000 00 

Chicago Leasehold Trustees stock, . . . 25,000 00 20,000 00 

Town of Cicero warrants, . . . . 1,061 85 976 90 



$1,367,361 85 $1,905,759 40 



390 traders' insurance co. 

Securities held as collateral for cash loans : — 

Market Value. Loaned Thereon. 

Chicago Auditorium Ass'n bonds, . . . |28,000 00 $21,000 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Prem's more than three mos. due, f 3,350 65 

Gross assets, 

Deduct special deposits in other States, . 



$45,746 17 

176,850 00 

4,214 18 

1,905,759 40 

21,000 00 

770 16 

104,116 33 

6,698 97 

151,066 65 



$2,416,221 86 
13,825 00 



Balance, $2,402,396 86 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Reinsurance disallowed, . 
Miscellaneous, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



$37,187 13 
77,104 10 
11,435 00 

$125,726 23 
18,928 20 

$106,798 03 

787,288 05 

15,711 87 

7,722 14 

10,501 09 

$928,021 18 
9,505 89 



918,515 29 



Surplus as regards policy holders, $1,483,881 57 

Paid-up capital, 500,000 00 

Surplus over capital, $983. SSI 57 

* Value of lands mortgaged S343,6St 00 

Value of buildings thereon, BM8 00 

Amount of insurance held as collateral, .... 152,3S3 00 



TRADERS INSURANCE CO. 



391 



Income. 

Fire premiums outstanding Dec, 31, 1899, 
Same not collected, .... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 



Gross cash income, 






Expenditures. 

Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 

Risks and Premiums. 



$110,634 63 
13 88 

$110,620 75 
1,445,094 26 

$1,555,715 01 
154,417 30 

$1,401,297 71 
312,680 65 



sources, 



$1,088,617 06 

14,323 06 

80,663 48 

1,212 87 

$1,184,816 47 



$776,344 35 
118,008 03 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, 



$115,540,592 00 
. 116,075,063 00 

$231,615,655 00 
. 106,617,545 00 

$124,998,110 00 
. 8,926,503 00 



$658,336 32 
50,000 00 
239,243 85 
73,928 89 
34,251 50 
72,268 61 

$1,128,029 17 



Premiums. 

$1,312,577 70 
1,445,094 26 

$2,757,671 96 
1,158,206 19 

$1,599,465 77 
112,100 78 



$116,071,607 00 $1,487,364 99 






Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$14,944,065 00 
. 9,088,919 00 

659,194 00 

. 1,422,500 (^0 

50,000 00 

142,300 00 



392 



UNION INSURANCE CO. OF PHILADELPHIA. 



"UNION INSURANCE COMPANY OF PHILADELPHIA," 
PHILADELPHIA, PA. 

[Incorporated Feb. 6, 1804. Commenced business July 25, 1803.] 

Paid-up Capital, $200,000. 

CHAS. S. HOLLIN8HEAD, President. E. R. DANNELS, Secretary. 



Detailed Statement of Stocks 



Susquehanna Coal Co. bonds, . 
Steubenville & Indiana R.R. Co. bonds, . 
Chesapeake & Delaware Canal Co. bonds, 
Philadelphia & Reading R.R. Co. bonds, . 
Lehigh Valley R.R. Co. bonds, 
North Pennsylvania R.R. Co. bonds, 
Hestonville, Mantua & Fair. Pass. R.R. Co. b'd3 
People's Pass. R'y Co. bonds, . 
Lehigh Coal & Navigation Co. bonds, 
Cincinnati, Dayton & Ironton R.R. Co. bonds, 
Atlantic City R.R. Co. bonds, . 
Union Traction Co. bonds, 
Penn. & N. Y. Canal & R.R. Co. bonds, 
Bloomfield Street R'y Co. bonds, 
Lynn & Boston R.R. Co. bonds, 
Camden & Suburban R'y Co. bonds, 
100 shares Little Schuylkill R.R. Co., 
136 
68 
100 
109 
120 



North Pennsylvania Railroad Co., 
Philadelphia National Bank, . 
Philadelphia Traction Co., 
Thir. & Fifteenth Sts. Pass. R'y Co., 
Philadelphia & Reading R.R. Co., . 



Securities held as collateral for cash loans : — 

70 shares Cons. Traction Co. of Pitts., 
20 shares West Chicago Street R'y Co., . 



and Bonds. 

Par Value. 

$10,000 00 

15,000 00 

15,000 00 

45,000 00 

10,000 00 

2,000 00 

3,000 00 

11,000 00 

10,000 00 

5,000 00 

11,000 00 

10,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

5,000 00 

6,800 00 

6,800 00 

5,000 00 

5,450 00 

6,000 00 



Market Value. 

111,800 00 
16,950 00 

7,950 00 
52,537 50 
12,700 00 

2,120 00 

3,540 00 
12,320 00 
10,200 00 

5,550 00 
12,650 00 
10,050 00 
10,900 00 
11,200 00 

5,650 00 
10,800 00 

5,700 00 
14,688 00 
16,456 00 

9,900 00 
33,790 00 

1,736 25 



$217,050 00 $279,187 75 



Market Value. Loaned Thereon. 

§4,637 50 
2,020 00 



$4,400 00 



£6,657 50 $4,400 00 



Summary of Assets Dec 31, 1900. 
Cash value of unencumbered real estate, . §160,000 00 
Loans on mortgage of real estate (first liens *), 9,900 00 

Interest due or accrued thereon, . . . 150 00 



* Value of property mortgaged, 
Amount of insurance held as collateral, 



$16,000 00 
7,000 00 



UNION INSURANCE CO. OF PHILADELPHIA. 



393 



Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Cash in hands of manager, 

Perpetual insurance, 

Prem's more than three mos. due, $744 31 
Gross assets, 



$279,187 75 

4,400 00 

1,197 35 

25,088 26 

56,407 13 

6,925 97 

742 50 



$543,998 96 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, ... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Commissions and brokerage, . 
Reinsurance disallowed, . 

Miscellaneous, 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, .... 



$12,376 78 

24,172 13 

4,000 00 

$40,548 91 
6,633 86 

$33,915 05 

206,100 19 

33,833 12 

15,704 88 

155 66 

29 70 



289,738 60 

. $254,260 36 
200,000 00 



Surplus over capital, §54,260 36 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Income from all other sources, 

Deposits received for perpetual fire risks, 



$52,275 70 
354,905 90 

$407,181 60 
56,407 13 

$350,774 47 
72,172 96 



sources, 



10 



$278,601 51 


495 00 


16,565 50 


2,724 91 


73 



Gross cash income, $298,387 65 



394 THE UNITED FIRE INSURANCE CO. OF BALTIMORE CITY. 



Expenditures. 

Cash paid for fire losses, $213,323 20 

Deduct salvage and reinsurance, . . . 16,664 71 

Net cash paid for fire losses, .... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expenses on real estate, 

for incidentals, .... 

Deposits returned on perpetual fire risks, . $569 53 

Gross cash expenditures, 

Risks and Premiums. 



$196,658 49 
12,000 00 
56,281 38 
43,332 42 
8,067 09 
5,136 49 
22,652 14 

1344,128 01 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Perpetual risks in force (not incl'd above), 



. $39,929,543 
. 33,574,655 



Premiums. 

00 $409,201 57 
00 354,905 90 



. $73,504,198 
. 31,368,831 



00 $764,107 47 
00 331,199 80 



$42,135,367 
, 2,420,493 



00 $432,907 67 
00 25,323 19 



. ?39,714,874 
. $1,258,459 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (6 per cent.), . 

Company's stock owned by directors, . 



00 $407,584 48 
00 $37,592 35 



$25,403,017 00 

17,874,556 00 

183,318 00 

1,942,221 00 

12,000 00 

38,980 00 



"THE UNITED FIRE INSURANCE COMPAN5T OF BALTIMORE 

CITY," BALTIMORE, MD. 

[Incorporated Feb. 28, 1899. Commenced business April 20, 1899.] 

Paid-up Capital, $250,000. 

H. CRAWFORD BLACK, President. M. LEWIN HEWES, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

Baltimore city bonds, $290,200 00 

Maryland State bonds, 



Virginia century bonds, 
Richmond, Va., bonds, 
Virginia Midland bonds, 
Atlanta & Charlotte bonds, 



2,000 00 
3,000 00 
10,000 00 
3,000 00 
2,000 00 



Market Value. 

$324,735 50 
2,040 00 
2,895 00 
10,500 00 
3,375 00 
2,310 00 



THE UNITED FIRE INSURANCE CO. OF BALTIMORE CITY. 395 



210 shares N. C. R'y Co., . 

200 " National Bank of Commerce, 

250 " Citizens' National Bank, . 

625 " National Mechanics 1 Bank, 

100 " Western National Bank, . 

Baltimore & Ohio bonds, . 

United R'ys, Baltimore, bonds, . 



Summary of Assets Dec. 
Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross) 
Rents due and accrued, 
Reinsurance due on losses paid, 

Gross assets, .... 
Deduct special deposits in other States, 



Par Value. 

$10,500 00 

3,000 00 

2,500 00 

6,250 00 

2,000 00 

20,000 00 

3,000 00 



Market Value. 

$18,690 00 
4,400 00 
6,250 00 

18,125 00 
3,600 00 

19,200 00 
2,940 00 



Balance, 



$357,450 00 $419,060 50 

31, 1900. 

$65,300 00 

6,800 00 

147 55 

419,060 50 

1,038 34 

5,960 41 

6,596 00 

51,675 85 

374 57 

2,862 08 

$559,815 30 

13,395 00 



$546,420 30 



Liabilities. 



Losses claimed and reported, . 
Losses disputed or resisted, 


$27,811 60 
700 00 




Total amount of losses, .... 
Less reinsurance, 


$28,511 60 
4,236 00 




Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
State and local taxes, .... 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 


$24,275 60 

145,528 46 

844 31 

536 39 

8,896 33 

14,555 60 

285 80 




Gross liabilities, except capital, 
Deduct liability on special deposits, 


. $194,922 49 
13,395 00 


181,527 49 




. 


Surplus as regards policy holders, . 


$364,892 81 
250,000 00 


Surplus over capital, .... 


$114,892 81 


Amount of insurance held as collateral, 


7,500 00 
5,000 00 



396 THE UNITED FIRE INSURANCE CO. OF BALTIMORE CITY. 



Income. 
Fire premiums outstanding Dec. 31, 1899, . 833,118 00 
Premiums on risks written or renewed, . . 286,208 58 



Total, $319,326 58 

Premiums now in course of collection, . . 51,675 85 



Entire premiums collected, .... $267,650 73 
Less reinsurance and return premiums, . . 82,218 12 

Net cash fire premiums received, . . . $185,432 61 

Interest received on mortgages, 187 00 

Interest and dividends received from all other sources, . . 13,564 82 

Income from rents, etc., 5,884 10 



Gross cash income, $205,068 53 

Expenditures. 

Cash paid for fire losses, $137,671 26 

Deduct salvage and reinsurance, . . . 25,510 78 

Net cash paid for fire losses, .... $112,160 48 

Cash paid for commissions and brokerage, .... 44,048 15 

for salaries of officers and employees, . . . 27,389 57 

for State and local taxes, 11,522 83 

for incidentals, 18,323 73 



Gross cash expenditures, $213,444 76 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

. $24,872,248 00 $208,970 19 
. 29,736,963 00 286,208 58 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



.$54,609,211 00 $495,178 77 
. 21,020,799 00 181,092 83 



. $33,588,412 00 $314,085 94 
. 4,705,975 00 46,061 70 



Net amount in force $28,882,437 00 $268,024 24 

Miscellaneous. 

Premiums received from organization of company, . . $467,270 00 

Losses paid from organization of company, .... 168,443 00 

Fire losses incurred during the year, 110,855 00 

Company's stock owned by directors, 49,440 00 



UNITED FIREMEN'S INSURANCE CO. OF PHILADELPHIA. 397 



" UNITED FIREMEN'S INSURANCE COMPANY OF PHILADELPHIA," 

PHILADELPHIA, PA. 

[Incorporated April 2, 1860. Commenced business April 1, 1861.] 
Paid-up Capital, $300,000. 
ROBERT B. BEATH, President. DENNIS J. SWEENY, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Allegheny Valley R.R. Co. bonds, . . . $20,000 00 $25,400 00 

Atlantic City R.R. Co. bonds, .... 20,000 00 22,800 00 

Baltimore & Potomac R.R. Co. bonds, v . . 5,000 00 6,100 00 

Chicago, R. I. & Pacific R'y Co. bonds, . . 15,000 00 16,200 00 

Chicago & Western Ind. R.R. Co. bonds, . . 10,000 00 12,000 00 

Choctaw, Oklahoma & Gulf R.R. Co. bonds, . 15,000 00 16,500 00 

Evansville & Terre Haute R.R. bonds, . . 10,000 00 10,700 00 

Illinois Central R.R. Co. bonds, . . . 10,000 00 10,300 00 

Lake Erie & Western R.R. Co. bonds, . . 10,000 00 12,400 00 

Lehigh Valley R'y Co., N. Y., bonds, . . 20,000 00 22,200 00 

Lehigh Valley R.R. Co. certificates, . . . 20,000 00 20,200 00 

Lehigh Coal & Navigation Co. bonds, . . 20,000 00 20,600 00 

McKeesport & Belle Vernon R.R. Co. bonds, . 10,000 00 12,500 00 

Northern Central R'y bonds, .... 10,000 00 11,000 00 

Penn. & New York Canal & R.R. Co. bonds, . 20,000 00 18,800 00 

Pennsylvania R.R. Co. bonds, .... 20,000 00 22,000 00 

Phil. & Baltimore Cent. R.R. Co. certificates, . 10,000 00 10,100 00 

Philadelphia & Erie R.R. Co. bonds, . . 20,000 00 26,300 00 

Pittsburg, Cin., Chic. & St. Louis R'y bonds, . 20,000 00 23,200 00 

Car Trusts of New York, 9,000 00 9,090 00 

Electric & People's Traction Co. certificates, . 15,200 00 15,200 00 

Newark (N. J.) Passenger R'y Co. bonds, . 20,000 00 23,600 00 

People's Passenger R'y Co. certificates, . . 15,000 00 16,200 00 

Philadelphia Traction Co. bonds, . . . 10,000 00 10,600 00 

Second Ave. Traction Co. (Pittsburg) bonds, . 15,000 00 17,700 00 

The Mortgage Trust Co. of Penn. debenture, . 10,000 00 8,000 00 

The Real Est. Title Ins. & Trust Co. debenture, 20,000 00 20,000 00 

City of Woonsocket, Dak., bonds, . . . 6,000 00 6,000 00 

United Gas Co. debenture bonds, . . . 25,000 00 26,000 00 

200 shares Continental Pass. R'y, Phila., . . 10,000 00 30,800 00 

30 " Frankford & Southw'k Pass. R'y, . 1,500 00 13,650 00 

200 " Union Passenger Railway, . . 10,000 00 48,000 00 

34 " Mil. Underwrite Build. Asso. No. 1, 100 00 100 00 

Wilmington City (Del.) R'y Co. bonds, . . 13,000 00 13,260 00 

United Railways certificates, .... 20,000 00 17,200 00 



$484,800 00 $594,700 00 



398 UNITED FIREMEN'S INSURANCE CO. OF PHILADELPHIA. 



Securities held as collateral for cash loans : — 

50 shares 13th & 15th Sts. Pass. R'y Co., 

20 " Bucks Co. (Pa.) Trust Co., . 

12 " New Hope Delaware Bridge Co., . 

10 " Title Guarantee & Trust Co., N. Y., 
200 " Philadelphia Traction Co., 
Consolidated Traction Co. of N. J. bonds, 

75 shares Real Est. Title Ins. & T. Co., Phila., 
500 " Philadelphia Traction Co., 

6 " Fr'kf d & South's P. R.R. Co., Phila., 



)> f 23,500 00 



Market Value. Loaned Thereon. 

$15,500 00^1 
2,000 00 
1,200 00 
4,500 00 
19,800 00 
6,540 00 J 
8,550 00 
49,500 00 
2,700 00 



5,000 00 

35,000 00 

2,000 00 



8110,290 00 $65,500 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Perpetual deposits in course of collection, 
Prem's more than three mos. due, $1,727 82 
Gross assets, 



$202,100 00 

524,881 50 

9,192 53 

594,700 00 

65,500 00 

2,389 17 

74,664 94 

1,046 62 

59,951 70 

333 32 

3,603 48 



$1,538,363 26 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks 
Reclaimable on perpetual fire policies, 
Due and accrued for rent, salaries, etc., 
State and local taxes, 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, 
Paid-up capital, 



17,648 38 

7,188 50 

9,600 00 

258,685 36 

730,745 82 

591 82 

5,000 00 

14,622 08 

8,060 09 

3,165 77 



1,045,307 82 

$493,055 44 
300,000 00 



Surplus over capital, $ 193,055 44 



* Value of property mortgaged, . 
Amount of insurance held as collateral, 



$1,01S,275 00 
417,713 00 



UNITED FIREMEN'S INSURANCE CO. OF PHILADELPHIA. 399 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 



$55,184 33 
326 66 

$54,857 67 
370,581 53 

$425,439 20 
61,679 52 

$363,759 68 
62,658 17 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 

Income from all other sources, 

Deposits received for perpetual fire risks, . $26,810 00 



$301,101 51 

33,138 73 

28,336 27 

1,969 23 



Gross cash income, $364,545 74 



Expenditures. 

Cash paid for fire losses, ..... 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expenses on real estate, 

for incidentals, .... 

Deposits returned on perpetual fire risks, 

Gross cash expenditures, .... 



$23,423 96 



1212,799 32 
30,000 00 
69,223 45 
28,093 14 
8,497 10 
355 67 
29,494 39 



$378,463 07 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . . $48,092,217 00 $471,829 31 
Fire risks written during 1900, . . . 35,889,967 00 370,581 53 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 



Net amount in force, .... 
Perpetual risks in force (not incl'd above), 



. $83,982,184 00 $842,410 84 
. 31,096,419 00 310,138 43 



$52,885,765 00 $532,272 41 
3,187,329 00 37,278 14 



, $49,698,436 00 $494,994 27 
$35,498,634 00 $808,659 18 



400 



UNITED STATES FIRE INSURANCE CO. 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Dividends declared during the year (10 per cent.), 
Company's stock owned by directors, .... 



$5,172,171 00 

3,134,005 00 

197,658 00 

533,506 00 

30,000 00 

82,610 00 



"UNITED STATES FIRE INSURANCE COMPANY," 
NEW YORK, N. Y. 

[Incorporated April 1, 1824. Commenced business April 9, 1824.] 

Paid-up Capital, $250,000. 

W. W. UNDERHILL, President. S. M. CRAFT, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

$25,000 00 

100,000 00 

85,000 00 



Rensselaer & Saratoga R.R. stock, . 
Consol. stock, N. Y. city bonds, 
United States bonds, . 



Market Value. 

$50,000 00 
107,371 25 
110,800 00 



§210,000 00 $268,171 25 



Summary of Assets Dec. 31, 1900. 

Cash value of unencumbered real estate, . $46,000 00 

Loans on mortgage of real estate (first liens *), 309,200 00 

Interest due or accrued thereon, . . . 1,850 50 

Stocks and bonds, as per schedule, . . . 268,171 25 

Cash in the office of the company, . . . 6,138 04 

Cash deposited in bank, 14,916 66 

Interest due and accrued, 627 07 

Premiums in course of collection (gross), . 96,891 65 

Reinsurance due on losses paid, ... 10 00 

Gross assets,! .... 

Deduct special deposits in other States, 



Balance, 



1748,805 17 

76,300 00 

$667,505 17 



* Value of lands mortgaged, $294,300 00 

Value of buildings thereon, 274,700 00 

Amount of insurance held as collateral, . . . 240,200 00 

t Including $125,000 special reserve fund held under New York law. 



UNITED STATES FIRE INSURANCE CO. 



401 



Liabilities 




Losses adjusted, unpaid, .... 


$8,256 79 


claimed and reported, . 


37,537 68 


disputed or resisted, 


5,563 48 


Total amount of losses, .... 


$51,357 95 


Less reinsurance, 


5,411 42 


Net amount of unpaid losses, . 


$45,946 53 


Unearned premiums on outstanding risks, 


276,382 17 


Due and accrued for rent, salaries, etc., . 


3,585 81 


Commissions and brokerage, . 


18,477 67 


Return premiums, 


24,695 80 




617 30 


Reinsurance disallowed, .... 


3,865 97 


Gross liabilities, except capital, 


. $373,571 25 


Deduct liability on special deposits, 


18,044 38 


Surplus as regards policy holders, . 













$355,526 87 

$311,978 30 
250,000 00 

$61,978 30 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, 

Premiums on risks written or renewed, . 

Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from all other sources, 

Gross cash income, .... 



$74,889 09 
89 06 

$74,800 03 
465,457 79 

$540,257 82 
93,377 96 

$446,879 86 
128,768 21 

$3,547 53 
40,722 98 

$44,270 51 
3,513 69 



,756 82 
7,287 59 



sources, . 



$318,111 65 



33,469 23 

8,123 39 

17,180 30 

780 35 

$377,664 92 



402 



UNITED STATES EIRE INSURANXE CO. 



Expenditures. 
Cash paid for fire losses, .... 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, 
Cash paid for marine and inland losses, . 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, 
Cash dividends paid, .... 

Cash paid for commissions and brokerage, 

for salaries of ofiicers and employees, 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, . 



8199,750 97 
31,927 09 

$22,237 47 
5,5ul 15 



$167,823 88 



16,736 32 
20,000 00 
93,682 27 
25,071 67 
10,662 52 
37,053 94 

. $371,030 60 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31,1899, . .$43,084,595 00 $441,28185 



Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



. 43,864,763 00 465,457 79 



,949,358 00 $906,739 64 
33,384,819 00 366,320 74 



853,564,539 00 $540,418 90 
5,947,352 00 67,219 do 



§47,617,187 00 $473,199 35 

$1,226,092 00 2,259 71 

2,204,145 00 40,722 98 



§3,430,237 00 

2,347,729 00 

$1,082,508 00 

4,500 00 



$72,982 69 

40,927 13 

832,055 56 

215 00 



$1,078,008 00 $31,840 56 



Miscellaneous. 

Premiums received from organization of company, . . $7,266,845 00 

Losses paid from organization of company, .... 3,897,949 00 

Fire losses incurred during the year, ..... 165,076 00 

Marine and inland losses incurred during the year, . . . 21,831 00 

Cash dividends declared from organization of company, . 1,926,590 00 

Dividends declared during the year (8 per cent.), . . . 20,000 00 

Company's stock owned by directors, 63,575 00 



UNITED STATES LLOYDS. 



403 



" UNITED STATES LLOYDS," NEW YORK, N. Y. 

[Commenced business December, 1872.] 
HIGGINS, COX & APPLETON, Attorneys. 

Detailed Statement op Stocks and Bonds. 

Par Value. Market Value. 

Massachusetts State bonds, .... $50,000 00 $55,000 00 

Havana, Cuba, city bonds, .... 25,000 00 25,000 00 

Consolidated stock, city of N. Y., . . . 25,000 00 25,500 00 

New York city stock, 100,000 00 101,000 00 

Boston city bonds, 50,000 00 55,000 00 

Chic, Rock Island & Pacific R.R. bonds, . . 50,000 00 54,500 00 

Long Island R.R. Co. bonds, .... 50,000 00 52,500 00 

Union Pacific R.R. Co. bonds, .... 50,000 00 53,500 00 

Atch., Topeka & Santa Fe R.R. bonds, . . 50,000 00 51,000 00 

Northern Pacific R'y Co. bonds, . . . 25,000 00 26,250 00 

Baltimore & Ohio Li.R. Co. bonds, . . . 50,000 00 50,500 00 

Scioto Valley & New England R.R. Co. bonds, 15,000 00 15,300 00 

Atlantic Mutual Ins. Co. scrip, .... 50,000 00 50,000 00 

$590,000 00 $615,050 00 
Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $5,863 06 
Gross assets, 

Liabilities. 

Unpaid losses, 

Unearned premiums on outstanding risks, 

Cash deposited in trust, . 

Due and accrued for rent, salaries, etc., 

State and local taxes, 

Commissions and brokerage, 

Return premiums, 

Reinsurance, 

Rebate, .... 

Reinsurance disallowed, . 

Miscellaneous, . 

Gross liabilities, . 



$615,050 00 

2,000 00 

73,647 82 

9,474 43 

110,917 48 

43,854 75 



$854,944 48 



$137,085 00 

110,917 48 

17,204 93 

425 00 

1,775 00 

10,158 06 

21,000 00 

62,022 97 

12,071 16 

225,715 00 

4,158 20 



602,532 80 



Surplus, $252,411 68 



404 



UNITED STATES LLOYDS. 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Same not collected, ..... 

Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 



Entire premiums collected, .... §1,562,958 74 
Less reinsurance and return premiums, . . 1,243,352 81 

Net cash fire premiums received, . . . $319,605 93 

Interest and dividends received from all sources, . . . 19,153 17 
Income from commissions, discounts, reinsurance, etc., . . 105,244 78 



$228,116 49 
1,483 68 

$226,632 81 
1,529,129 36 

$1,755,762 17 
192,803 43 



Gross cash income, $444,003 88 



Expenditures. 

Cash paid for fire losses, $1,118,642 58 

Deduct salvage and reinsurance, . . . 845,275 46 

Net cash paid for fire losses, .... £273,367 12 

Cash dividends paid, 50,000 00 

Cash paid for commissions and brokerage, .... 44,905 22 
for salaries of officers and employees, . . . 62,322 93 
for State and local taxes, 5,855 05 



Gross cash expenditures, . 



. $436,450 32 



Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 



Risks and Premiums. 

Premium*. 

. $25,844,256 00 $181,823 49 
. 293,862,758 00 1,529,129 36 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . . 



§319,707,014 00 $1,710,952 85 
. 301,418,369 00 1,600,035 37 



.$18,288,645 00 $110,917 48 
. 9,036,153 00 51,630 36 



. $9,252,492 00 $59,287 12 



Miscellaneous. 
Marine and inland losses incurred during the year, 



. $1,427,126 00 



VICTORIA FIRE INSURANCE CO. OF NEW YORK. 



405 



"VICTORIA FIRE INSURANCE COMPANY OF NEW YORK," 

NEW YORK, N. Y. 

[Incorporated June 24, 1896. Commenced business July 1, 1896.] 

Paid-up Capital, $200,000. 

HENRY H. HALL, President. EDW. K. BEDDALL, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, $105,000 00 



City of Chicago river bonds, 
Maine Central R.R. bonds, 
New York city loan, . 
224 shares Beech Creek R.R., 



20,000 00 
15,000 00 
50,000 00 
11,200 00 



Market Value. 

$144,450 00 
22,400 00 
15,900 00 
53,500 00 
11,760 00 



$201,200 00 $248,010 00 



Summary of Assets Dec 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 

Liabilities. 
Losses adjusted, unpaid, .... 

Losses claimed and reported, . 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$248,010 00 

497 81 

1,857 33 

5,443 73 



$530 39 

15,798 61 

$16,329 00 

10,805 25 

$5,523 75 

44,501 47 

816 56 






Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest and dividends received from all sources, 

Gross cash income, 



$7,122 80 
113,410 31 

$120,533 11 
5,443 73 

$115,089 38 
25,269 15 



$255,808 87 



50,841 78 

$204,967 09 
200,000 00 

$4,967 09 



$89,820 23 
8,025 04 

,845 27 



406 



WESTCHESTER FIRE INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$82,796 59 
3,336 48 



Gross cash expenditures, 



$79,460 11 

17,563 79 

4,709 41 

3,074 21 

3,851 12 

? 108,658 64 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

. $9,016,935 00 §88,945 96 
. 11,551,738 00 113,410 31 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$20,568,673 00 $202,356 27 
11,950,818 00 113,550 44 



$8,617,855 00 $88,805 83 
115,660 00 1,387 09 



. $8,502,195 00 $87,418 74 



Miscellaneous. 

Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, .... 
Cash dividends declared from organization of company, 
Company's stock owned by directors, .... 



$351,993 00 

233,302 00 

68,280 00 

15,000 00 

32,500 00 



"WESTCHESTER FIRE INSURANCE COMPANY," 
NEW YORK, N. Y. 

[Incorporated as mutual March 14, 1S37. Commenced business as joint-stock Jan. 1, 1S70.] 

Paid-up Capital, $300,000. 
GEO. R. CRAWFORD, President. M. O. BROWN, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

New York city bonds, $150,000 00 £169,000 00 

United States consols, 60,000 00 69,000 00 

St. Joe. & Gr. Island R.R. bonds, . . . 40,000 00 36,000 00 

Atch., Topeka & Santa Fe R.R. bonds, . . 30,000 00 30,600 00 

Chesapeake & Ohio R.R. bonds, . . . 30,000 00 36.000 00 

Buffalo, Roch. & Pitts. R.R. bonds, . . . 30,000 00 33,900 00 



WESTCHESTER FIRE INSURANCE CO. 



407 



Philadelphia & Reading R.R. bonds, 
Missouri, Kansas & Texas R.R. bonds, 
Union Pacific R.R. bonds, . 
Missouri Pacific R.R. bonds, 
Richmond city, Va., bonds, 
N. Y. & Harlem R.R. stock, 
Albany & Susquehanna R.R. stock, . 
Rensselaer & Saratoga R.R. stock, . 
N. Y., Lack. & Western R.R. stock, . 
Rome, Watertown & Ogdens. R.R. stock, 
Oswego & Syracuse R.R. stock, 
Chicago & Northwestern R.R. stock, 
Chic, Mil. & St. Paul R.R. stock, . 
Delaware, Lack. & Western R.R. stock, 
Pennsylvania R.R. stock, . 
Syracuse, Binghamton & N. Y. R.R. stock, 
N. Y. Cent. & Hudson River R.R. stock, 
Delaware & Hudson Canal Co. stock, 
Chicago, Burlington & Quincy R.R. stock, 
Chatham National Bank stock, 



Par Value. 

$30,000 00 
30,000 00 
30,000 00 
40,000 00 
16,000 00 
60,000 00 
40,000 00 
50,000 00 
80,000 00 
50,000 00 
20,000 00 
50,000 00 
80,000 00 
50,000 00 
25,000 00 
50,000 00 
30,000 00 
50,000 00 
30,000 00 
5,000 00 



Market Value. 

$27,900 00 
28,500 00 
31,500 00 
47,800 00 
16,000 00 

246,000 00 
78,000 00 
97,500 00 

106,600 00 
66,500 00 
43,000 00 
86,000 00 

137,300 00 
97,000 00 
36,750 00 
95,000 00 
43,500 00 
65,000 00 
42,600 00 
15,500 00 



$1,156,000 00 $1,782,450 00 



Summary of Assets Dec. 31, 1900. 
Cash value of unencumbered real estate, . $225,000 00 
Loans on mortgage of real estate (first liens *), 588,962 50 
Interest due or accrued thereon, . . . 10,739 50 

Stocks and bonds, as per schedule, . . . 1,782,450 00 

Cash deposited in bank 122,392 56 

Premiums in course of collection (gross), . 275,470 74 
Prem's more than three mos. due, $15,393 14 

Gross assets, 

Deduct special deposits in other States, 



1,005,015 30 
85,000 00 



Balance, $2,920,015 30 



Liabilities. 



Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, 



$38,070 89 

102,636 73 

7,950 00 

$148,657 62 
15,515 38 

$133,142 24 



* Value of lands mortgaged, 
Value of buildings thereon, 
Amount of insurance held as collateral, 



$545,000 00 
610,300 00 
554,050 00 



408 



WESTCHESTER FIRE INSURANCE CO. 



Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Paid-up capital, 



$1,290,360 44 

62,254 26 

5,538 02 

$1,491,294 96 
29,874 27 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, . $251,292 54 

Same not collected, 4,260 83 

Net collected, $247,031 71 

Premiums on risks written or renewed, . . 1,972,144 56 

Total, f2,219,176 27 

Premiums now in course of collection, . . 290,863 88 



$1,461,420 69 

$1,458,534 61 
300,000 00 

$1,158,594' 61 



. $1,928,312 39 
402,309 06 



Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, .... 
Interest and dividends received from all other sources, 
Income from rents, 



$1,526,003 33 

34,459 21 

88,632 24 

1,563 25 



Gross cash income, f 1,650,658 03 

Expenditures. 

Cash paid for fire losses, $1,034,843 00 

Deduct salvage and reinsurance, . . . 147,390 56 
Net cash paid for fire losses, . . . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 



for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$243,988,834 00 
. 197,897,634 00 

$441,886,468 00 
. 139,468,551 00 

$302,417,917 00 
. 23,181,085 00 



$887,452 44 

48,000 00 

333,399 89 

111,034 70 

43,501 84 

141,175 66 

$1,564,564 53 

Premiums. 

$2,363,362 11 

1,972.144 56 

$4,335,506 67 

1,626,810 88 

$2,708,695 79 

209,755 56 



$279,236,832 00 $2,498,940 23 



THE WESTERN INSURANCE CO. OF PITTSBURGH. 



409 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, . 

Cash dividends declared from organization of company, 

Dividends declared during the year (16 per cent.), 

Company's stock owned by directors, .... 



$27,691,399 00 

15,309,791 00 

895,128 00 

894,000 00 

48,000 00 

97,200 00 



"THE WESTERN INSURANCE COMPANY OF PITTSBURGH," 

PITTSBURGH, PA. 

[Incorporated March 20, 1849. Commenced business May 1, 1849.] 

Paid-up Capital, $300,000. 

JOHN B. JACKSON, President. D. DALLAS HARE, Secretary. 

Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $30,000 00 $34,200 00 

Allegheny County bonds, 20,000 00 20,000 00 

Pittsburgh Junction R.R. bonds, . . . 23,000 00 28,290 00 

Pittsburgh & Western R.R. bonds, . . . 10,000 00 10,200 00 

Pittsburgh & Allegheny Bridge Co. bonds, . 15,000 00 16,200 00 

Jack's Run Bridge Co. bonds, .... 4,000 00 4,320 00 

East McKeesport school bonds, . . . 2,500 00 2,650 00 

Wilkinsburg Borough bonds, .... 30,000 00 32,700 00 

Braddock Township school bonds, . . . 6,000 00 6,090 00 

New Brighton school bonds, .... 5,000 00 5,100 00 

German Evangelical Protestant Church bonds, 1,000 00 1,000 00 

Bellevue Borough bonds, 4,000 00 4,320 00 

Avalon Borough school bonds, .... 2,000 00 2,035 00 

Connellsville Water Co. bonds, . . . 4,000 00 4,100 00 

Pennsylvania Water Co. bonds, . . . 5,000 00 5,400 00 

Beaver Valley Traction Co. bonds, . . . 8,000 00 8,200 00 

100 shares Pitts. & Western R.R., . . . 5,000 00 500 00 



$174,500 00 $185,305 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross) , 
Rents due and accrued, .... 
Gross assets, 



$62,000 00 

197,250 00 

3,136 75 

185,305 00 

1,564 15 

16,630 56 

637 50 

36,256 93 

150 00 



$502,930 89 



* Value of lands mortgaged $23S,750 00 

Value of buildings thereon 184,450 00 

Amount of insurance held as collateral, .... 168,300 00 



410 



THE WESTERN INSURANCE CO. OF PITTSBURGH. 



Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Miscellaneous, 

Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Paid-up capital, 



Surplus over capital, 



$5,238 00 
9,585 25 
2,650 00 

$17,473 25 
21 62 

$17,451 63 

145,717 10 
7,481 59 
2,236 72 
7,495 04 



$180,382 08 

$322,548 81 
300,000 00 

622,548 81 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total 

Premiums now in course of collection, 



$34,884 78 
242,151 00 

$277,035 78 
36,152 48 



Entire premiums collected, .... $240,883 30 

Less reinsurance and return premiums, . . 49,160 38 

Net cash fire premiums received, 

Marine premiums on risks written or renewed, 

Marine premiums now in course of collection, 

Net cash marine premiums received, . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents, etc., 



$273 60 
104 45 



$191,722 92 



169 15 

10,381 50 

10,064 79 

5,184 77 



Gross cash income, $217,523 13 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of ofiicers and employees, 
for State and local taxes, 
for rent and incidentals, . 

Repairs on real estate, 

Gross cash expenditures, .... 



$195,337 37 
7,924 57 



$187,412 80 

43,320 41 

10,273 64 

5,770 52 

12.357 87 

885 16 

$260,020 40 



WHAT CHEER MUTUAL FIRE INSURANCE CO. 



411 



Risks and Premiums. 



. $ 27,477,857 00 

. 22,473,399 00 

.$49,951,256 00 

. 22,161,734 00 

. $27,789,522 00 

. 1,644,952 00 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks written during 1900, . 
Deduct risks expired and terminated, 



Miscellaneous. 

Premiums received from organization of company, 

Losses paid from organization of company, . 

Fire losses incurred during the year, 

Cash dividends declared from organization of company 

Company's stock owned by directors, 



Premiums. 

$295,619 56 
242,151 00 

$537,770 56 
236,323 75 

$301,446 81 
16,027 49 



26,144,570 00 $285,419 32 



$33,838 0C 
33,838 0C 


» $273 60 
273 60 


» 
pany 




$4,824,280 00 

2,954,800 00 

155,896 00 

989,500 00 

51,500 00 



WHAT CHEER MUTUAL FIRE INSURANCE COMPANY, 
PROVIDENCE, R. I. 

[Incorporated May, 1873. Commenced business Jan. 1, 1874.] 
LEWIS T. DOWNES, President. JOSEPH T. DAY, Secretary. 



Detailed Statement of Stocks, 

100 shares Nat'l Bank of Commerce, Prov., 

70 ' 

100 « 

100 ' 

100 ' 

50 ' 

100 ■ 

100 ■ 

100 ' 

100 ' 

50 ■ 

220 • 

100 ' 

100 ■ 



' American Nat'l Bank, Providence, 
' N'l Bank of No. America, Prov., 
4 Chic. & Northwestern R'y Co., 

* Chic, St. Paul, Minn. & Omaha R'y 
' Old Colony R'y Co., 
1 Cleve., Cinn., Chic. & St. Louis R'y 
' Illinois Central R'y, 
1 Cleve. & Pitts. R'y, . 

* N. Y., Lack. & Western R'y, 
1 Albany & Susquehanna R'y, 

* Pennsylvania R'y, . 
' Rensselaer & Saratoga R'y, 
1 Chic, Rock Island & Pacific R'y, 

New York, West Shore & Buffalo R'y bonds, 
Kansas City Elevated R'y bonds, 
Lynn & Boston R'y bonds, 



Bonds, etc. 

Par Value. 

$5,000 00 

3,500 00 

5,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

10,000 00 

5,000 00 

10,000 00 

5,000 00 

11,000 00 

10,000 00 

10,000 00 

5,000 00 

12,000 00 

10,000 00 



Market Value. 

$5,000 00 

3,220 00 

4,600 00 

21,800 00 

18,300 00 

10,250 00 

11,500 00 

10,400 00 

9,500 00 

13,500 00 

10,500 00 

16,280 00 

20,200 00 

12,100 00 

5,800 00 

10,920 00 

11,300 00 



412 



WHAT CHEER MUTUAL FIRE INSURANCE CO. 



Bridgeport Traction Co. bonds, 
Steinway R'y Co. bonds, .... 
Milwaukee Electric R'y & Light Co. bonds, 



Par Value. 

$5,000 00 
5,000 00 
5,000 00 



Market Value. 

15,500 00 
5,800 00 
5,400 00 



$151,500 00 $211,870 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, 
Cash loans, .... 
Cash in the office of the company, 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 



Liabilities. 
Losses adjusted, unpaid, .... 
Losses claimed and reported, . 
Unearned premiums on outstanding risks, 
State and local taxes, .... 
Gross liabilities, 



Net cash assets, 



$211,870 00 

71,168 51 

3,340 31 

22,696 78 

2,425 93 

5,625 11 



$202 21 

1,624 35 

154,139 78 

6,293 23 



$317,126 64 



162,259 57 
$154,867 07 



Income. 

Premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash premiums received, . 

Received for extra premiums, . 

Interest and dividends received from all sources, 



84,972 04 
328,028 40 

$333,000 44 
5,625 11 

$327,375 33 
14,912 06 



$312,463 27 

2,198 57 

11,144 32 



Gross cash income, $325,806 16 



Expenditures. 

Cash paid for losses, .... 

as profits on terminated policies, 
for salaries of officers and employe 
for State and local taxes, 

for rents, 

for inspection expenses, . 
for incidentals, 



Gross cash expenditures, 



es, 



$48,600 26 
234,448 52 
10,684 00 
5,710 39 
1,440 00 
4,951 66 
3,037 48 

$308,872 31 



WILLIAMSBURGH CITY FIRE INSURANCE CO. 



413 



Risks and Premiums. 

Amount. Cash Prem's. Conting't Prem's. 



Risks outstanding Dec. 31, 1899, $31,367,888 00 $276,220 87 $1,381,104 35 
Risks written during 1900, . 38,651,949 00 328,028 40 1,640,142 00 



Total $70,019,837 00 $604,249 27 $3,021,246 35 

Risks terminated during 1900, . 34,263,413 00 295,969 72 1,479,848 60 



In force at end of year, . . $35,756,424 00 $308,279 55 $1,541,397 75 



Miscellaneous. 

Losses incurred during the year, 

Profits or surplus returned during 1900, 83.81 per cent. 



$46,097 00 



"WILLIAMSBURGH CITY FIRE INSURANCE COMPANY," 

BROOKLYN, N. Y. 

[Incorporated March, 1853. Commenced business March, 1853.] 

Paid-up Capital, $250,000. 

MARSHALL S. DRIGGS, President. FRED'K H. WAY, Secretary. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Richmond, Va., bonds, $13,500 00 $13,500 00 

Georgia bonds, 10,000 00 11,400 00 

Brooklyn Union Gas Co. of Brooklyn bonds, . 9,000 00 10,350 00 

New York city bonds, 92,500 00 98,730 00 

N. Y. & Hoboken Ferry Co. bonds, . . . 30,000 00 28,500 00 

American Malting Co. bonds, .... 21,000 00 20,160 00 

First National Bank of Brooklyn stock, . . 22,000 00 71,500 00 

Brooklyn Union Gas Co. of Brooklyn stock, . 50,000 00 87,500 00 

Kings Co. Trust Co. of Brooklyn stock, . . 9,000 00 33,750 00 

Brooklyn City R.R. Co. of Brooklyn stock, . 10,500 00 24,360 00 

Union Ferry Co. of Brooklyn stock, . . . 85,000 00 25,500 00 

Chicago, Milwaukee & St. Paul R.R. stock, . 118,000 00 189,000 00 

Western Union Telegraph Co. stock, . . 80,000 00 64,000 00 

Consolidated Gas Co. of N. Y. stock, . . 60,000 00 114,000 00 

N. Y. & Hoboken Fer. Co. of N. J. stock, . 60,000 00 45,000 00 

Federal Steel Co. of N. J. stock, . . . 50,000 00 35,000 00 

Williamsburgh Trust Co. of N. Y. stock, . 18,000 00 36,000 00 

Delaware & Hudson Canal Co. stock, . . 20,000 00 25,000 00 

N. Y. Central & Hudson River R.R. stock, . 10,000 00 14,000 00 

Pennsylvania R.R. stock, 61,000 00 88,450 00 



$829,500 00 $1,035,700 00 



414 WILLIAMSBURGHCITY FIRE INSURANCE CO. 

Securities held as collateral for cash loans : — 



Market Value. Loaned Thereon. 

93 shares Williamson Tr. Co., Brooklyn, N. Y., $18,600 00 \ 

72 " National Surety Co. of N. Y., . . 10,080 00 > $21,000 00 

50 " Nassau Oil Co., 3,000 00 ) 

30 " Western Union Telegraph Co., . 2,400 00 1,500 00 



134,080 00 f22,500 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Loans on collateral security, as per schedule, 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Reinsurance due on losses paid, 
Preni's more than three mos. due, $251 31 

Gross assets,f 

Deduct special deposits in other States, . 



$629,000 00 

243,900 00 

1,751 00 

1,035,700 00 

22,500 00 

2,582 24 

12,884 18 

6,032 90 

102,601 89 

6,845 51 

2,485 59 



$2,066,283 31 
24,900 00 



Balance $2,041,383 31 



Liabilities. 

Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Dividends to stockholders unpaid, . 
Due and accrued for rent, salaries, etc., . 
State and local taxes, .... 
Commissions and brokerage, . 



814,954 05 

34,653 95 

2,846 15 

852,454 15 
1,681 61 

$50,772 54 

616,091 01 

1,996 00 

283 33 

5,592 45 

18,598 68 



* Value of lands mortgaged $207,250 00 

Value of buildings thereon, 213,500 00 

Amount of insurance held as collateral 216,800 00 

t Including $280,000 special deposit held under ^Tew York law. 



WILLI AMSBURGH CITY FIRE INSURANCE CO. 



415 



Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Paid-up capital, .... 



$2,071 05 
12,819 6-4 

$708,224 70 
17,954 58 



Surplus over capital, . 



- $690,270 12 

. $1,351,113 19 
250,000 00 

. $1,101,113 19 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Same not collected, 

Net collected, .... 
Premiums on risks written or renewed, 

Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash fire premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, .... 

Gross cash income, 



$87,125 79 
6,970 06 



),155 73 
816,428 77 

$896,584 50 
102,853 20 

$793,731 30 
128,234 17 



sources, 



$665,497 13 

13,995 73 

43,426 16 

3,293 69 



. $726,212 71 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash dividends paid, 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$400,579 34 
30,690 48 



$369,888 86 

59,286 00 

170,531 17 

74,709 40 

8,651 17 

50,499 85 



Gross cash expenditures, $733,566 45 



416 



WILLIAMSBURGH CITY FIRE INSURANCE CO. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

1143,047,895 00 $1,198,718 95 
. 86,782,294 00 816,428 77 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



$229,830,189 00 $2,015,147 72 
. 80,509,505 00 715,755 66 



$149,320,684 00 $1,299,392 06 
. 8,137,267 00 80,121 59 



$141,183,417 00 $1,219,270 47 



Miscellaneous. 
Premiums received from organization of company, 
Losses paid from organization of company, . 
Fire losses incurred during the year, 
Cash dividends declared from organization of company 
Dividends declared during the year (24 per cent.), 
Company's stock owned by directors, 



$17,995,510 00 

9,226,505 00 

365,021 00 

1,722,500 00 

60,000 00 

47,800 00 



AGGREGATE. 



Capital Stock. 
Capital actually paid up in cash, . 
Scrip outstanding, 



Gross present assets, 



Assets. 



Liabilities. 



Gross present liabilities, 

Income. 
Cash actually received for fire premiums, . 
for marine and inland premiums, 
for interest and dividends from all sources, 
from all other sources, 

Gross cash income, 

Expenditures. 
Cash actually paid during the year for fire losses, 

for marine and inland losses, .... 
for dividends to stockholders, .... 
for dividends to policy holders (mutual companies) 

for redemption of scrip, 

for interest to scrip holders, .... 
for brokerage and commission on premiums, . 
for salaries and pay of officers and employees, . 

for State and local taxes, 

for office, agency and incidental expenses, 

Gross cash expenditures, 

Miscellaneous. 
Whole amount of fire risks written during the year, . 
premiums charged or receivable thereon, 
marine and inland risks written during the year, 
premiums charged or receivable thereon, 
fire risks terminated during the year, 
marine and inland risks terminated, 
fire risks outstanding at end of year, 
marine and inland risks outstanding, 
cash dividends declared during the year, 
fire losses incurred during the year, 
marine losses incurred during the year, . 



$49,102,875 
6,299,974 



$230,771,689 
$101,917,870 



$91,758,238 
7,355,927 
8,071,463 
1,259,647 



$108,445,275 



$54,526,500 
4,094,600 
5,878,913 
2,833,308 
1,273,201 
380,413 
18,556,721 
7,629,707 
3,166,867 
7,645,065 



$105,985,295 



$12,182,519,749 

123,240,873 

1,981,774,948 

10,743,142 

10,917,675,038 

1,957,927,711 

15,180,765,417 

216,846,120 

5,521,746 

54,601,678 

5,447,074 



UNITED STATES BRANCHES OF 

FOREIGN FIEE AND MAKINE 
INSURANCE COMPANIES 



Detailed Statement of Assets and Liabilities, with Abstract 

of Annual Statements, for the Year ending 

December 31, 1900. 






i 



420 



AACHEN AND MUNICH FIRE INSURANCE CO. 



DETAILED STATEMENTS OF ASSETS AND LIABILITIES. 



UNITED STATES BRANCH OF THE "AACHEN AND MUNICH FIRE 
INSURANCE COMPANY," AIX-LA-CHAPELLE, GERMANY. 

Deposit Capital, $200,000. 
WEED & KENNEDY, United States Managers. 
Office, 29 and 31 Liberty Street, New York, N. Y. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

United States bonds, $325,000 00 

Consol. stock of the city of N. Y. bonds, . . 184,000 00 

Atch., Topeka & Santa Fe R.R. bonds, . . 25,000 00 

Chic, Rock Island & Pacific R.R. bonds, . 25,000 00 

Northern Pacific R.R. bonds, .... 25,000 00 

Union Pacific R.R. bonds, 25,000 00 



Market Taloe. 

$449,312 50 

185,840 00 

25,718 75 

27,312 50 

26,468 75 

26,875 00 



$609,000 00 $741,527 50 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 
Prem's more than three mos. due, f 1,170 97 
Gross assets, 



$741,527 50 

40 08 

75,345 66 

920 00 

113,387 91 

1,787 43 



$933,008 58 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 
Due for bills receivable, . 



$69,125 00 

14,067 92 

1,787 43 



84,980 35 



Balance $848,028 23 



AACHEN AND MUNICH FIRE INSURANCE CO. 



421 






Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
State and local taxes, 
Commissions and brokerage, . 
Return premiums, .... 
Reinsurance, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Deposit capital, .... 



Surplus over capital, . 



$ 3,848 03 

49,902 82 

4,640 99 

$58,391 84 
4,361 99 

$54,029 85 

367,756 44 

389 84 

16,308 60 

13,163 33 

2,476 09 

$454,124 15 
14,127 67 



$439,996 48 

$408,031 75 
200,000 00 

$208,031 75 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, , 

Entire premiums collected, .... 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 
Income from all other sources, 



$85,433 01 
766,359 55 

$851,792 56 
114,558 88 

$737,233 68 
184,423 46 



$552,810 22 

23,552 24 

99 36 



Gross cash income, $576,461 82 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$402,363 69 
45,508 52 



$356,855 17 

111,567 08 

69,838 80 

17,084 87 

44,406 06 

$599,751 98 



422 



ATLAS ASSURANCE CO. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

.150,124,854 00 £645,574 62 
. 59,521,885 00 766,359 55 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



1109,646,739 00 $1,411,934 17 
. 49,618,425 00 632,514 55 



. $60,028,314 00 $779,419 62 
. 5,150,099 00 66,156 63 



Net amount in force, . 

Miscellaneous. 
Fire losses incurred during the year, . 



.$54,878,215 00 $713,262 99 
. $356,929 00 



UNITED STATES BRANCH OF THE "ATLAS ASSURANCE 
COMPANY," LONDON, ENGLAND. 

Deposit Capital, $200,000. 
J. M. NEUBURGER, United States Manager. 

Office, 315 Dearborn Street, Chicago, III. 



Detailed Statement 



United States bonds, 
Boston city bonds, . 
Pennsylvania R.R. bonds, . 
N. Y. C. & H. R. R.R. bonds, 
Boston & Maine R.R. bonds, 
N. Y. & Putnam R.R. bonds, 
Louisville, Ky., city bonds, 
St. Louis, Mo., city bonds, 
Mass. State highway loan, 
N. Y. C. & H. R. R.R. bonds, 
New Mexico Territorial bonds 



of Stocks and Bonds. 

Par Value. 

$350,000 00 
180,000 00 
25,000 00 
25,000 00 
25,000 00 
25,000 00 
50,000 00 
15,000 00 
50,000 00 
70,000 00 
10,000 00 



Market Value. 
$371,000 00 

204,300 00 
28,375 00 
25,500 00 
31,750 00 
26,250 00 
52,500 00 
16,200 00 
54,500 00 
76,650 00 
10,570 00 



$825,000 00 $897,595 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 

Bills receivable, 

Reinsurance due on losses paid, 

Agents 1 debit balances, .... 

Prem's more than three mos. due, $506 94 

Gross assets, 



$897,595 00 

3,324 75 

19,569 78 

7,891 67 

112,066 69 

209 69 

3,401 38 

344 09 



$1,044,403 05 



ATLAS ASSURANCE CO. 



423 



Unadmitted. 
Special deposits in other States, 
Cash not in control of trustees, 
Due for bills receivable, .... 

Reinsurance, 

Agents 1 debit balances, .... 


$169,570 00 

15,394 53 

209 69 

46 10 

344 09 


$185,564 41 
$858,838 64 







Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, 
disputed or resisted, 

Total amount of losses, . 
Less reinsurance, 

Net amount of unpaid losses, 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Deposit capital, 



Surplus over capital, 



$9,632 80 

58,038 04 

6,549 07 

$74,219 91 
10,398 68 

$63,821 23 

516,790 52 

4,084 80 

23,401 36 

1,230 25 

1,080 02 

$610,408 18 
40,643 64 



569,764 54 

$289,074 10 
200,000 00 

189,074 10 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $135,062 92 

Same not collected, 68 07 

Net collected, $134,994 85 

Premiums on risks written or renewed, . . 1,033,627 35 

Total, $1,168,622 20 

Premiums now in course of collection, . . 112,573 63 



Entire premiums collected, . . , 
Less reinsurance and return premiums, . 
Net cash fire premiums received, 
Interest and dividends received from all sources, 
Income from profit on exchange of bonds, 
Deposits received for perpetual fire risks, 

Gross cash income, 



$1,056,048 57 
321,960 33 



$292 50 



$734,088 24 
29,063 73 
36,750 00 

$799,901 97 



424 



BALOISE FIRE INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 



$635,985 18 
135,227 29 



$500,757 89 

145,709 89 

50,616 73 

23,780 36 

62,665 58 



Gross cash expenditures, $783,530 45 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$105,025,025 00 $1,117,745 11 
. 101,121,213 00 1,033,627 35 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



Net amount in force, .... 
Perpetual risks in force (not incl'd above), 



$206,146,238 00 $2,151,372 46 
. 100,009,200 00 970,133 26 



$106,137,038 00 $1,181,239 20 
. 13,555,006 00 149,117 31 



. $92,582,032 00 $1,032,121 89 
. $111,447 00 $4,299 79 



Miscellaneous. 
Fire losses incurred during the year, 



$481,516 00 



UNITED STATES BRANCH OF THE " BALOISE FIRE INSURANCE 
COMPANY," BASLE, SWITZERLAND. 

Deposit Capital, $200,000. 
WEED & KENNEDY, United States Managers. 

Office, 29 and 31 Liberty Street, New York, N. Y. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States government bonds, ' . . . $200,000 00 $276,500 00 

Consolidated stock of the city of N. Y., . . 200,000 00 216,000 00 

Atchison, Topeka & Santa Fe R.R. Co. bonds, . 50,000 00 51,437 50 

Northern Pacific R.R. Co. bonds, . . . 50,000 00 52,937 50 

Union Pacific R.R. C<3. bonds, .... 50,000 00 53,750 00 



$550,000 00 %6o0,6'25 00 



BALOISE FIRE INSURANCE CO. 



425 



Summary of Assets Dec. 31, 1900. 

Stocks and bonds, as per schedule, . . . $650,625 00 

Cash in the office of the company, . . . 359 48 

Cash deposited in bank, 117,978 36 

Interest due and accrued, 1,166 67 

Premiums in course of collection (gross), . 66,159 21 
Prem's more than three mos. due, $1,872 12 

Gross assets, 



,288 72 



Unadmitted. 



Cash not in control of trustees, 



7,700 21 







$828,588 51 


Liabilities. 






Losses adjusted, unpaid, 


$15,357 88 




claimed and reported, .... 


21,327 15 




disputed or resisted, .... 


3,985 68 




Total amount of losses, 


$40,670 71 




Less reinsurance, 


3,824 42 




Net amount of unpaid losses, .... 


$36,846 29 




Unearned premiums on outstanding risks, 


222,296 78 




Due and accrued for rent, salaries, etc., . 


564 36 




Commissions and brokerage, .... 


17,567 47 




Return premiums, 


11,213 44 




Reinsurance, 


2,341 49 




Gross liabilities, except capital, 




290,829 83 




Surplus as regards policy holders, . 


$537,758 68 




• • • 


200,000 00 


Surplus over capital, 


$337,758 68 


Income. 






Fire premiums outstanding Dec. 31, 1899, 


$89,453 97 




Premiums on risks written or renewed, . 


502,379 54 




Total, 


$591,833 51 




Premiums now in course of collection, . 


68,031 33 




Entire premiums collected, .... 


$523,802 18 




Less reinsurance and return premiums, . 


143,410 46 




Net cash fire premiums received, 

Interest and dividends received from all sources 




$380,391 72 
23,987 11 


• • • ■ 




$404,378 83 



426 



THE BRITISH AMERICA ASSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$299,083 93 
20,102 27 



Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 

Miscellaneous 
Fire losses incurred during the year, 



$39,038,481 00 
42,807,528 00 

$81,846,009 00 
42,627,619 00 

$39,218,390 00 
2,394,681 00 



$278,981 66 

122,993 78 

1,500 00 

2,069 72 

1,863 96 

$407,409 12 

Premiums. 

$441,443 02 
502,379 54 

$943,822 56 
478,544 92 

$465,277 64 
28,118 21 



$36,823,709 00 $437,159 43 



$254,353 00 



UNITED STATES BRANCH OF "THE BRITISH AMERICA 
ASSURANCE COMPANY," TORONTO, CANADA. 

Deposit Capital, $200,000. 
FREDERICK B. CARPENTER, Attorney. 

Office, 92 Water Street, Boston. 



Detailed Statement of 



City of New York stock, . 
United States bonds, . 
Georgia State bonds, 
City of London, Can., bonds, 
City of Toronto, Can., bonds, 
City of Winnipeg, Can., bonds, 
City of Kingston, Can., bonds, 
City of Richmond, Va., bonds, 
City of Toledo, O., bonds, 
City of Columbus, O., bonds, 
City of Riverside, Cal., bonds, 
City of Brooklyn, N. Y., bonds 
City of Colorado Springs, Col. 
N. Y. & West Shore R'y bonds 



bonds, 



Stocks and Bonds. 

Par Value. 

$170,000 00 
110,000 00 
10,000 00 
150,000 00 
40,000 00 
20,000 00 
20,000 00 
26,300 00 
60,000 00 
50,000 00 
25,000 00 
30,000 00 
25,000 00 
12,000 00 



Market Value. 
$182,104 00 

117,700 00 
12,050 00 

159,744 00 
40,000 00 
22,236 00 
22,860 00 
27,321 06 
70,500 00 
54,625 00 
28,092 50 
32,475 00 
26,500 00 
13,980 00 



THE BRITISH AMERICA ASSURANCE CO. 



427 



Kochester Electric R'y Co. bonds, . 
Toronto Electric Light Co. bonds, . 
Central Canada L. & S. Co. debentures, . 
Canada Permanent & Western Can. stock, 



Par Value. 

$25,000 00 

20,000 00 

100,000 00 

8,940 00 



Market Value. 

$27,000 00 

20,606 00 

100,000 00 

9,655 20 



$902,240 00 $967,448 76 



Summary of Assets Dec. 31, 1900. 



Loans on mortgage of real estate (first liens), 
Stocks and bonds, as per schedule, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire, marine and inland risks, 
Gross assets, 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



$10,000 00 

967,448 76 

86,671 40 

14,338 37 

231,128 38 

476 28 



$280,446 06 
53,306 66 



$1,310,063 19 



333,752 72 



Balance, $976,310 47 



Liabilities. 
Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Deposit capital, 

Impairment of capital,* 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 

Total, . 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 



$21,935 20 

83,399 19 

3,598 00 

718,917 86 

53,755 09 

42 30 

$881,647 64 
99,792 88 



781,854 76 

$194,455 71 
200,000 00 

$5,544 29 



$173,250 17 

1,250,405 95 

51,423,656 12 

178,347 82 

^1,245,308 30 

259,645 68 



$985,662 62 



* Since rendering its annual statement the company has deposited in the hands of its 
trustees $15,000 in cash in addition to the holdings of Dec. 31, 1900. 



428 



THE BRITISH AMERICA ASSURANCE CO. 



Marine premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, 

Net cash marine premiums received, 



$5,751 18 
385,587 76 

$391,338 94 
52,780 56 

1338,558 38 
115,005 24 



$223,553 14 
31,114 23 



Interest and dividends received from all sources, . 

Gross cash income, $1,240,329 99 

Expenditures. 



Cask paid for fire losses, . 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . 

Cash paid for marine and inland losses, 

Deduct salvage and reinsurance, 

Net cash paid for marine and inland losses, . - 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$828,688 54 
125,797 99 

1228,128 04 
62,776 28 



$702,890 55 



Gross cash expenditures, . 



165,351 76 

212,424 54 

60,366 34 

40,414 31 

64,116 70 

$1,245,564 20 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 



Premiums. 

6129,158,982 00 $1,190,856 64 
. 105,027,258 00 1,250,405 95 



$234,186,240 00 $2,441,262 59 
. 112,105,317 00 1,113,171 26 



$122,080,923 00 $1,328,091 33 
. 2,014,518 00 22,183 05 



$120,066,405 00 $1,305,908 28 

. $2,411,469 00 $43,380 76 
. 36,916,882 00 385,587 76 



$39,328,351 00 $428,968 52 
37,357,413 00 368,939 14 



$1,970,938 00 $60,029 38 



Miscellaneous. 

Fire losses incurred during the year, 

Marine and inland losses incurred during the year, 



$706,241 00 
176,480 00 



BRITISH AND FOREIGN MARINE INSURANCE CO. 



429 



UNITED STATES BRANCH OF THE "BRITISH AND FOREIGN 
MARINE INSURANCE COMPANY (LIMITED)," LIVERPOOL, 

ENGLAND. 

Deposit Capital, $300,000. 

FRANK GAIR MACOMBER, Attorney. 

Office, 115 Water Street, Boston. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

Boston & Lowell R.R. bonds, .... $100,000 00 $102,750 00 

Fitchburg R.R. bonds, 30,000 00 30,750 00 

Boston, Clinton, Fitch. & N. Bed. R.R. bonds, 2,000 00 2,260 00 

New England R.R. bonds, .... 50,000 00 65,000 00 

Massachusetts State bonds, .... 12,000 00 13,440 00 

Boston & Maine R.R. bonds, .... 1,000 00 1,260 00 

Old Colony R.R. bonds, 87,000 00 96,860 00 

Eastern R.R. bonds 22,839 80 25,978 97 

Brooklyn city bonds, 42,000 00 42,000 00 

New York city water stock, .... 158,000 00 164,500 00 

United States bonds, 110,000 00 148,600 00 

Port of Portland bonds, 5,000 00 6,000 00 

City of Portland bonds, 12,000 00 14,520 00 

Allegheny Valley R.R. bonds, .... 100,000 00 123,250 00 

Pennsylvania Railroad bonds, .... 68,100 00 72,039 75 

Chicago, Mil. & St. Paul R.R. bonds, . . 75,000 00 89,812 50 , 

Richmond city bonds, 50,000 00 50,000 00 

Lehigh Valley R.R. bonds, .... 35,000 00 38,062 50 

New York Central & Hudson River R.R. bonds, 50,000 00 51,333 33 

Pitts., Ft. Wayne & Chicago R.R. stock, . . 50,000 00 92,625 00 

Cleveland & Pittsburgh R.R. stock, . . . 25,000 00 46,104 17 



$1,084,939 80 $1,277,146 22 



Summary of Assets Dec. 31, 1900. 



Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 

Cash deposited in bank, 

Interest due and accrued, 

Premiums in course of collection (gross), 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $12,387 71 
Gross assets, 



$27,500 00 

625 00 

1,277,146 22 

36,481 81 

14,888 55 

223,067 11 

89,560 04 



$1,669,268 73 



* Value of property mortgaged, . 
Amount of insurance held as collateral, . 



$41,000 00 
15,500 00 



430 



BRITISH AND FOREIGN MARINE INSURANCE CO. 



Unadmitted. 

Special deposits in other States, . . . $187,070 00 

Cash not in control of trustees, . . . 36,481 81 

Premiums in course in excess of unearned, . 57,461 39 

Reinsurance, 52,916 63 



$333,929 83 



Balance $1,335,338 90 



Liabilities. 

Losses adjusted, claimed and reported, 
Losses disputed or resisted, 

Total amount of losses, . 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 

Reinsurance, 

Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



$382,912 61 
16,830 00 

$399,742 61 
189,528 53 

$210,214 08 

165,605 72 

20,597 42 

81,064 81 

105,976 66 

$583,458 69 
4,267 83 



579,190 86 



Surplus as regards policy holders, 



$756,148 04 



Deposit capital, 300,000 00 



Surplus over capital, $456,148 04 



Income. 

Marine premiums outstanding Dec. 31, 1899, 
Same not collected, 



Net collected, .... 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash marine premiums received, 
Interest and dividends received from all 
Received from home office, 

Gross cash income, 



" $389,495 62 
9,204 26 

6380,291 36 
2,075,821 72 

$2,456,113 08 
235,454 82 

$2,220,658 26 
1,141,335 62 



sources, 



$1,079,322 64 
46,955 38 



$340,391 40 



$1,126,278 02 



CALEDONIAN INSURANCE CO. 



431 



Expenditures. 

Cash paid for marine and inland losses, . . $1,372,916 67 
Deduct salvage and reinsurance, . . . 918,008 45 

Net cash paid for marine and inland losses, . 

Cash paid for commissions and brokerage, .... 

for salaries of officers and employees, . 

for State and local taxes, 

Remitted to home office, $681,381 43 



Gross cash expenditures, .... 

Risks and Premiums. 



Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 



Total 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



. $29,630,382 00 
. 646,090,121 00 

$675,720,503 00 
. 649,162,783 00 

. $26,557,720 00 
. 9,481,816 00 



$454,908 22 

199,118 72 

84,593 15 

42,809 79 

$781,429 88 

Premiums. 

$317,081 76 
2,075,821 72 

$2,392,903 48 
2,110,776 42 

$282,127 06 
116,521 34 



Net amount in force, . 

Miscellaneous. 
Marine and inland losses incurred during the year, 



. $17,075,904 00 $165,605 72 



$298,371 00 



UNITED STATES BRANCH OF THE " CALEDONIAN INSURANCE 
COMPANY," EDINBURGH, SCOTLAND. 

Deposit Capital, $200,000. 

CHARLES H. POST, i __ 

N. A. MCNEIL, [Managers. 

Office, 27-29 Pine Street, New York, N. T. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States government bonds, . . . $300,000 00 $346,500 00 

New York city bonds, 225,000 00 245,625 00 

Central R.R. of N. J. bonds 50,000 00 64,500 00 

Penn. & N. Y. Canal & R.R. Co. bonds, . . 100,000 00 94,000 00 

N. Y., Chic. & St. Louis R.R. Co. bonds, . . 60,000 00 64,800 00 

Lehigh Valley R.R. Co. bonds, . . . 50,000 00 62,000 00 

Chicago, Burl. & Quincy R.R. Co. bonds, . 50,000 00 55,750 00 

Allentown Terminal R.R. Co. bonds, . . 50,000 00 51,000 00 

Richmond & Petersburg R.R. Co. bonds, . 50,000 00 55,500 00 

St Paul, Minn. & Man. R.R. Co. bonds, . . 50,000 00 51,750 00 

Lake Erie & Western R.R. Co. bonds, . . 50,000 00 62,500 00 

Chic, Mil. & St. Paul R.R. Co. bonds, . . 50,000 00 60,125 00 

Phila., Wilmington & Bait. R.R. Co. bonds, . 50,000 00 55,000 00 

St. Paul, Minn. & Manitoba R.R. Co. bonds, . 50,000 00 58,500 00 



432 



CALEDONIAN INSURANCE CO. 



Long Island R.R. Co. bonds, . 

Chic, Rock Island & Pacific R.R. Co. bonds, 

Portland, Ore., water loan bonds, 

State of Georgia bonds, 

Lehigh Valley Coal Co. bonds, 

City of Richmond, Va , bonds, . 

Jersey City bonds, . 

Chic, Mil. & St. Paul R.R. Co. stock, 



Summary of Assets Dec 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire risks, 
Reinsurance due on losses paid, 
Due from other companies, 
Preni's more than three mos. due, $9,071 50 
Gross assets, 



Par Value. 

$50,000 00 
50,000 00 
50,000 00 
10,000 00 
25,000 00 
25,000 00 
8,000 00 
20,000 00 



Market Value. 

$52,000 00 
54,750 00 
60,875 00 
10,575 00 
26,250 00 
26,500 00 
8,760 00" 
37,400 00 



$1,423,000 00 $1,604,660 00 

31, 1900. 

$1,604,660 00 

903 12 

123,931 95 

14,484 15 

164,024 98 

493 96 

1,247 72 

871 78 

$1,910,617 66 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 
Miscellaneous, .... 



$213,450 00 

10,036 35 

1,365 74 



224,852 09 



Balance, $1,685,765 57 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risk 
Commissions and brokerage, . 
Reinsurance, .... 
Contingent and miscellaneous, 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, 
Deposit capital, 



$78,436 12 
48,540 70 
11,196 12 

$138,172 94 
25,707 48 

$112,465 46 

919,355 13 

35,245 So 

22,157 93 

12,356 10 

? 1,101,580 47 
72,763 83 



1,028,816 64 

£656,948 93 
200,000 00 



Surplus over capital, $456,948 93 



CALEDONIAN INSURANCE CO. 433 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $170,139 46 
Premiums on risks written or renewed, . . 1,702,843 15 



Total, $1,872,982 61 

Premiums now in course of collection, . . 173,096 48 



Entire premiums collected, .... $1,699,886 13 
Less reinsurance and return premiums, . . 471,477 72 

Net cash fire premiums received, . . . $1,228,408 41 

Interest and dividends received from all sources, . . . 62,762 90 
Income from profit on sale of securities, 7,108 23 



Gross cash income, $1,298,279 54 



Expenditures. 

Cash paid for fire losses, $988,840 45 

Deduct salvage and reinsurance, . . . 138,352 20 

Net cash paid for fire losses, .... $850,488 25 

Cash paid for commissions and brokerage, .... 259,400 45 
for salaries of officers and employees, . . . 90,008 27 

for State and local taxes, 40,320 19 

for incidentals, 82,352 15 

Remitted to home oflBce, $38,478 01 



Gross cash expenditures, $1,322,569 31 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$201,164,302 00 $1,976,143 54 
. 156,983,363 00 1,702,843 15 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 



$358,147,665 00 $3,678,986 69 
. 152,761,443 00 1,598,166 24 



$205,386,222 00 $2,080,820 45 
. 23,690,643 00 258,725 30 



Net amount in force, .... $181,695,579 00 $1,822,095 15 

Miscellaneous. 
Fire losses incurred during the year, $796,863 00 



434 COLOGNE REINSURANCE CO. 



UNITED STATES BRANCH OF THE "COLOGNE REINSURANCE 
COMPANY," COLOGNE, GERMANY. 

Deposit Capital, $200,000. 

RICHARD LEWIS, United States Manager. 

Office, Corner Liberty and Nassau Streets, New York, N. Y. 
Detailed Statement of Stocks and Bonds. 



United States bonds, 

New York city bonds, .... 
Atchison, Topeka & Santa Fe R.R. bonds, 
Central Pacific R'y Co. bonds, . 
Chic, Mil. & St. Paul R'y Co. bonds, 
Union Pacific R'y Co. bonds, . 



Par Value. Market Value. 

$159,000 00 1219,420 00 

150,000 00 162,000 00 

30,000 00 30,862 50 

68,000 00 66,260 00 

20,000 00 23,825 00 

28,000 00 30,100 00 



$455,000 00 1532,467 50 



Summary of Assets Dec 31, 1900. 
Stocks and bonds, as per schedule, . . . § 532,467 50 

Cash deposited in bank, 2,991 86 

Premiums in course of collection (gross) , . 96,447 76 

Gross assets, ...... $631,907 12 

Unadmitted. 
Cash not in control of trustees, 2,991 86 



Balance, .... $628,915 26 

Liabilities. 

Losses adjusted, unpaid, $8,417 60 

Losses claimed and reported, .... 39,204 00 

Unearned premiums on outstanding risks, . 225,870 26 

State and local taxes, 185 40 

Commissions and brokerage, .... 28,351 73 

Gross liabilities, except capital, . . 302,028 99 



Surplus as regards policy holders, $326,886 27 

Deposit capital, 200,000 00 



Surplus over capital, $126,886 27 



COMMERCIAL UNION ASSURANCE CO. ( LIMITED ) . 435 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 
Less reinsurance and return premiums, 
Net cash fire premiums received, 
Interest and dividends received from all 
Received from home office, 



Gross cash income, 



$50,801 12 
459,044 70 

$509,845 82 
96,447 76 

$413,398 06 
64,537 45 



sources, 



$100,000 00 



Expenditures. 

Cash paid for fire losses, 

for commissions and brokerage, 
for State and local taxes, . 
for incidentals, . 



Remitted to home office, 

Gross cash expenditures, .... 

Risks and Premiums. 



$126,162 83 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total 

Deduct risks expired and terminated, 

In force at end of year, 



. $14,735,844 00 
. 57,593,180 00 



. $72,329,024 00 
. 26,296,596 00 



$348,860 61 
18,140 00 

$367,000 61 



$131,764 57 

102,010 82 

3,667 87 

212 90 



$237,656 16 



Premiums. 

$123,960 72 
459,044 70 

$583,005 42 
189,361 53 



. $46,032,428 00 $393,643 89 



Miscellaneous. 
Fire losses incurred during the year, 



$169,059 00 



UNITED STATES BRANCH OF THE "COMMERCIAL UNION 
ASSURANCE COMPANY (LIMITED)," LONDON, ENGLAND. 

Deposit Capital, $200,000. 

A. H. WRAY, Manager. 

Office, Corner Pine and William Streets, New York, N. Y. 



Detailed Statement of Stocks and Bonds. 



United States bonds, . 
Baltimore & Ohio R.R. bonds, . 



Par Value. 

$410,000 00 
30,000 00 



Market Value. 

$565,800 00 
30,000 00 



436 COMMERCIAL UNION ASSURANCE CO. (LIMITED). 



Central of N. J. R.R. bonds, 
Chicago, Milwaukee & St. Paul R.R. bonds, 
Chicago & Northwestern R.R. bonds, 
Chic, Rock Island & Pacific R.R. bonds, . 
Cleve., Cin., Ohio & St. Louis R.R. bonds, 
Indianapolis & Vincennes R.R. bonds, 
Lehigh Valley of N. Y. R.R. bonds, 
Lehigh Valley Terminal R.R. bonds, 
Milwaukee, Lake Shore & West. R.R. bonds, 
Western Pennsylvania R.R. bonds, . 
West Shore R.R. bonds, .... 
Union Pacific R.R. bonds, .... 
New York & Long Branch R.R. bonds, . 
Northern Pacific R.R. bonds, . 
New York city bonds, .... 
Pittsburg, Ft. Wayne & Chicago stock, . 



Par Value. 

$50,000 00 

100,000 00 

120,000 00 

60,000 00 

50,000 00 

65,000 00 

50,000 00 

50,000 00 

25,000 00 

50,000 00 

50,000 00 

100,000 00 

28,000 00 

100,000 00 

200,000 00 

15,000 00 



Market Value. 

£64,625 00 

117,468 75 

145,512 50 

79,875 00 

47,000 00 

77,350 00 

55,750 00 

56,000 00 

33,937 50 

56,000 00 

58,000 00 

107,500 00 

36,400 00 

105,875 00 

217,250 00 

28,050 00 



$1,553,000 00 $1,882,393 75 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Notes taken for fire, marine and inland risks, 
Due from Palatine Ins. Co., 
Rents due and accrued, .... 
Reinsurance due on losses paid, 
Prem's more than three mos. due, $10,504 02 
Gross assets 



$888,148 68 

230,500 00 

4,010 41 

1,882,393 75 

10,605 86 

177,098 83 

17,308 30 

479,631 19 

5,875 67 

143,266 53 

8,055 54 

4,182 15 



£3,851,076 91 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 
Bills receivable, 



$289,800 00 

39,292 09 

5,875 67 



334.967 76 



Balance, $3,516,109 15 

* Value of lands mortgaged, $123,000 00 

Value of buildings thereon, 240,000 00 

Amount of insurance held as collateral, .... 192,500 00 



COMMERCIAL UNION ASSURANCE CO. (LIMITED). 437 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Reclaimable on perpetual fire policies, . 
Commissions and brokerage, . 
Return premiums and reinsurance, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Deposit capital, 



Surplus over capital, 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Marine premiums outstanding Dec. 31, 1899, 

Premiums on risks written or renewed, . 



$145,110 00 

150,415 00 

49,500 00 

$345,025 00 
23,376 00 

$321,649 00 

1,974,194 69 

97,723 54 

64,639 59 

7,176 57 

16,160 86 

52,481,544 25 
173,908 77 



$2,307,635 48 



. $1,208,473 67 
200,000 00 



$ 1,008,473 67 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash marine premiums received, 

Interest received on mortgages, 

Interest and dividends received from all other 

Income from rents, 

Deposits received for perpetual fire risks, 

Gross cash income, .... 



$400,106 70 
3,226,627 04 

$3,626,733 74 
485,832 12 

$3,140,901 62 
646,694 54 

$3,827 02 
102,216 47 

$106,043 49 
4,303 09 

$101,740 40 
18,557 58 



sources, 



$2,494,207 08 



$218 00 



83,182 82 

11,032 50 

74,680 13 

16,753 21 



$2,679,855 74 



438 COMMERCIAL UNION ASSURANCE CO. (LIMITED;. 



Expenditures. 
Cash paid for fire losses, . 
Deduct salvage and reinsurance, 
Net cash paid for fire losses, . 
Cash paid for marine and inland losses, 
Deduct salvage and reinsurance, 
Net cash paid for marine and inland losses, . — 
Cash paid for commissions and brokerage, 

for salaries of officers and employees, . 

for State and local taxes, 

for incidentals, 

Gross cash expenditures, 



$1,899,872 25 
131,714 14 

$42,284 99 
8,967 47 



$1,768,158 11 



33,317 52 

492,586 90 

140,631 61 

69,291 79 

151,922 34 

. f2,655,908 27 



Risks and Premiums. 

Premiums. 

Fire risks outstanding Dec. 31, 1899, . $423,184,788 00 $3,929,661 28 
Fire risks written during 1900, . . . 309,974,637 00 3,226,627 04 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . . . . $401,717,678 00 $3,857,323 41 



$733,159,425 00 $7,156,288 32 
. 303,424,536 00 3,076,165 29 



$429,734,889 00 $4,080,123 03 
. 28,017,211 00 222,799 62 



Perpetual risks in force (not incPd above), . $5,193,107 00 $108,58171 



Marine risks outstanding Dec. 31, 1899, 
Marine risks written during 1900, . 

Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$385,720 00 $19,255 86 
38,509,391 00 102,216 47 



$38,895,111 00 $121,472 33 
38,086,015 00 85,259 67 



$809,096 00 $36,212 66 
53,000 00 



. $756,096 00 $34,131 93 



Miscellaneous. 

Fire losses incurred during the year, 

Marine and inland losses incurred during the year, 



[,717,414 00 
35.068 00 



HAMBURG-BREMEN FIRE INSURANCE CO. 



439 



UNITED STATES BRANCH OF THE "HAMBURG-BREMEN FIRE 
INSURANCE COMPANY," HAMBURG, GERMANY. 

Deposit Capital, $200,000. 
F. O. AFFELD, Resident Manayer. 

Office, 22 Pine Street, New York, N. Y. 



Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, f 100,000 00 $ 107,000 00 

Georgia State bonds, 10,000 00 11,625 00 

New York city additional water stock, . . 130,000 00 130,975 00 

New York city school house bonds, . . 100,000 00 100,500 00 

Portland city, Ore., bonds, .... 50,000 00 57,750 00 

Providence city, R. I., bonds, .... 25,000 00 28,500 00 

Richmond city, Va., bonds, .... 27,500 00 30,887 50 

St. Louis city, Mo., bonds, .... 25,000 00 25,625 00 

Edison Elec. Illuminating Co. of N. Y. bonds, 20,000 00 21,700 00 

Beech Creek R.R. bonds, 20,000 00 22,400 00 

Central of Georgia R.R. bonds, . . . 30,000 00 36,000 00 

Central R.R. of New Jersey bonds, . . . 30,000 00 38,850 00 

Chic, Mil. & St. Paul R.R. bonds, . . . 50,000 00 59,850 00 

Cin., Ind., St. Louis & Chic. R.R. bonds, . . 30,000 00 31,200 00 

Denver & Rio Grande R.R. bonds, . . . 25,000 00 25,468 75 

East Tenn., Va. & Ga. R.R. bonds, . . . 25,000 00 29,750 00 

Illinois Central R.R. bonds, .... 50,000 00 53,500 00 

Lake Erie & Western R.R. bonds, . . . 30,000 00 37,500 00 

Long Island R.R. bonds, 30,000 00 36,450 00 

Louisville & Nashville R.R. bonds, . . . 30,000 00 33,300 00 

Mil., Lake Shore & Western R.R. Co. bonds, . 10,000 00 12,575 00 

Missouri, Kansas & Texas R.R. bonds, . . 20,000 00 19,500 00 

N. Y., Chic. & St. Louis R.R. bonds, . . 30,000 00 32,250 00 

N. Y., Lake Erie & Western R.R. bonds, . 25,000 00 35,062 50 

Northern Pacific R.R. bonds, .... 30,000 00 31,762 50 

Oregon R'y & Navigation Co. bonds, . . 15,000 00 15,525 00 

Pennsylvania Co. bonds, 30,000 00 34,875 00 

Pennsylvania R.R. bonds, 25,000 00 29,850 00 

Pitts., Cin., Chic. & St. Louis R.R. bonds, . 30,000 00 34,950 00 

St. Louis & San Francisco R.R. bonds, . . 15,000 00 17,325 00 

St. Paul, Minn. & Manitoba R.R. bonds, . . 30,000 00 34,950 00 

Scioto Valley & New Eng. R.R. bonds, . . 30,000 00 30,450 00 

Union Pacific R.R. bonds, 15,000 00 16,125 00 

Wabash R.R. bonds, 30,000 00 35,325 00 



$ 1,172,500 00 $1,299,356 25 



440 HAMBURG-BREMEN FIRE INSURANCE CO. 

Securities held as collateral for cash loans : — 



Chicago & Alton R'y Co. bonds,' . . . $21,375 00 



Lake Shore & Mich. Southern R.R. Co. bonds, 58,590 00 



Market Value. Loaned Thereon. 

I $65,000 00 



878,965 00 165,000 00 



Summary of Assets Dec. 31, 1900. 

Stocks and bonds, as per schedule, . . . $1,299,356 25 

Loans on collateral security, as per schedule, . 65,000 00 

Cash deposited in bank, 93,724 64 

Premiums in course of collection (gross), . 128,894 94 

Gross assets, 

Unadmitted. 

Special deposits in other States, . . . $100,262 50 

Collateral loans not in control of trustees, . 65,000 00 

Cash not in control of trustees, . . . 78,724 64 



$1,586,975 83 



243,987 14 



Balance, $1,342,988 69 

Liabilities. 



Losses adjusted, unpaid, .... 

claimed and reported, . 

disputed or resisted, 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Deposit capital, .... 



$12,445 00 
33,955 00 
16,550 00 

990,395 15 
34,049 79 

$1,087,394 94 
59,093 87 



1,028,301 07 

$314,687 62 
200,000 00 



Surplus over capital, $114,687 62 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest and dividends received from all sources, 



$140,979 08 
1,610,706 60 

$1,751,685 68 
128,894 94 

$1,622,790 74 
308,781 22 



$1,314,009 52 
53,920 89 



Gross cash income, $1,367,930 41 



HELVETIA SWISS FIRE INSURANCE CO. 



441 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, . . . . - 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$857,500 68 
63,302 06 



Gross cash expenditures, .... 

Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 



$143,002,274 00 
. 132,442,173 00 

$275,444,447 00 
. 112,419,882 00 

$163,024,565 00 
. 6,844,302 00 



$794,198 62 

254,582 67 

118,111 28 

40,079 44 

84,375 79 

$1,291,347 80 

Premiums. 

$1,733,854 82 

1,610,706 60 

$3,344,561 42 

1,359,777 77 

$1,984,783 65 

77,926 89 



Net amount in force, . 

Miscellaneous. 
Fire losses incurred during the year, 



$156,180,263 00 $1,906,856 76 



5733,339 00 



UNITED STATES BRANCH OF THE "HELVETIA SWISS FIRE 
INSURANCE COMPANY," ST. GALL, SWITZERLAND. 

Deposit Capital, $200,000. 
WEED & KENNEDY, United States Managers. 

Office, 29-31 Liberty Street, New York, N. Y. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $270,000 00 $373,275 00 

City of New York consolidated stock, . . 50,000 00 54,000 00 

New York State Canal bonds, .... 200,000 00 202,500 00 

Cleveland & Mahoning Valley RR. bonds, . 5,000 00 6,450 00 

Evansville & Terre Haute R.R. bonds, . . 5,000 00 6,275 00 

Lake Erie & Western R.R. bonds, . . . 5,000 00 6,250 00 

Lehigh Valley R.R. Co. bonds, . . . 5,000 00 5,575 00 

Long Island R.R. Co. bonds, .... 5,000 00 6,137 50 

Mil., Lake Shore & Western R.R. bonds, . . 5,000 00 6,800 00 

Pacific R.R. of Mo. bonds, .... 5,000 00 5,375 00 

Panama R.R. Co. bonds, 32,000 00 33,440 00 

St. Paul & Sioux City R.R. bonds, . . . 5,000 00 6,500 00 



$592,000 00 $712,577 50 



442 



HELVETIA SWISS FIRE INSURANCE CO. 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Prem's more than three mos. due, $4,576 99 
Gross assets, 



Unadmitted. 



Cash not in control of trustees, 



1712,577 50 

189 16 

63,808 57 

3,291 67 

87,770 47 



1867,637 37 



2,187 79 



Balance, £865,449 58 



Liabilities. 
Losses adjusted, unpaid, .... 
claimed and reported, . 
disputed or resisted, 

Total amount of losses, .... 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 

Return premiums, 

Reinsurance, 

Reinsurance disallowed, .... 
Gross liabilities, except capital, 

Surplus as regards policy holders, . 
Deposit capital, 



112,656 29 

18,452 15 

5,250 00 

$36,358 44 
469 94 

$35,888 50 

260,326 13 

19,831 49 

18,719 42 

3,744 58 

66 52 



338,576 64 

f526,872 94 
200,000 00 



Surplus over capital, $326,872 94 



Income. 

Fire premiums outstanding Dec. 31, 1899, . $108,092 16 
Premiums on risks written or renewed, . . 616,503 82 



Total, ?724,595 98 

Premiums now in course of collection, . . 92,347 46 



Entire premiums collected, .... $632,248 52 
Less reinsurance and return premiums, . . 193,735 58 
Net cash fire premiums received, 
Interest and dividends received from all sources, . 



$438,512 94 
21,863 68 



Gross cash income, 



$460,376 62 



THE IMPERIAL INSURANCE CO. ( LIMITED) . 



443 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, .... 

Gross cash expenditures, .... 



$394,736 62 
22,939 99 



$371,796 63 

120,913 23 

3,000 00 

12,469 59 

19,786 50 

$527,965 95 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

.$50,507,006 00 $519,040 71 
. 53,162,147 00 616,503 82 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 

Miscellaneous 
Fire losses incurred during the year, 



$103,669,153 00 $1,135,544 53 
58,364,749 00 594,655 01 



$45,304,404 00 $540,889 52 
2,847,085 00 30,183 60 



$42,457,319 00 $510,705 92 



. $326,741 00 



UNITED STATES BRANCH OF "THE IMPERIAL INSURANCE 
COMPANY (LIMITED)," LONDON, ENGLAND. 

Deposit Capital, $200,000. 
THOS. D. BELFIELD, General Attorney. 

Office, 33 Pine Street, New York, N. T. 



Detailed Statement 



United States bonds, . 
New York city bonds, 
City of Boston bonds, 
West Shore R.R. Co. bonds, 
West Virginia State certificates, 
County of Essex, N. J., park bonds, 
Lehigh Valley R.R. bonds, 
City of Providence bonds, 
Hudson County, N. J., bonds, . 
Illinois Central R.R. Co. bonds, 



of Stocks and Bonds. 

Par Value. 

$466,000 00 

110,000 00 

100,000 00 

50,000 00 

28,666 67 

100,000 00 

40,000 00 

50,000 00 

50,000 00 

50,000 00 



Market Value. 

$533,570 00 

111,700 00 

105,625 00 

57,500 00 

1,720 00 

107,250 00 

41,000 00 

53,125 00 

57,000 00 

51,562 50 



$1,044,666 67 $1,120,052 50 



444 



THE IMPERIAL INSURANCE CO. ( LIMITED). 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Rents due and accrued, .... 
Prem's more than three mos. due, $20,907 71 
Gross assets, 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



$476,634 70 

1,120,052 50 

1,292 84 

83,068 95 

5,091 66 

205,657 79 

2,559 16 



$1,894,357 60 



$263,350 00 
84,361 79 



347,711 79 



Balance, $1,546,645 81 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance. 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Due and accrued for rent, salaries, etc., . 
Commissions and brokerage, . 
Reinsurance disallowed, .... 

Gross liabilities, except capital, 
Deduct liability on special deposits, 

Surplus as regards policy holders, . 
Deposit capital, 



Surplus over capital, 



$35,246 87 
57,086 28 
21,845 00 

$114,178 15 
2,566 59 

$111,611 56 

936,022 80 

750 00 

39,001 07 

419 64 

$1,087,805 07 
112,715 00 



975,090 07 

$571,555 74 
200,000 00 

$371,555 74 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 



$264,482 53 
1,657,680 46 

$1,922,163 02 
226,565 50 

$1,695,597 52 
409,098 05 



$1,286,499 4; 



THE LANCASHIRE INSURANCE CO. 



445 



Interest and dividends received from all sources, 

Income from rents, 

Received from home office, .... 

Gross cash income, 



$39,555 35 
29,539 19 



$171,007 85 



. $1,355,594 01 



Expenditures. 

Cash paid for fire losses, $1,018,889 74 

Deduct salvage and reinsurance, . . . 80,943 30 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for expenses on real estate, 

for incidentals, 

Remitted to home office, $71,572 77 



$937,946 44 

265,307 66 

86,401 71 

67,574 72 

13,027 00 

110,326 32 



Gross cash expenditures, $1,480,583 85 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

$173,469,513 00 $1,829,519 44 
. 143,730,537 00 1,657,680 46 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 



$317,200,050 00 $3,487,199 90 
. 132,096,115 00 1,477,762 03 



$185,103,935 00 $2,009,437 87 
. 12,417,966 00 155,625 85 



$172,685,969 00 $1,853,812 02 



Miscellaneous. 
Fire losses incurred during the year, 



$868,423 00 



UNITED STATES BRANCH OF " THE LANCASHIRE INSURANCE 
COMPANY," MANCHESTER, ENGLAND. 

Deposit Capital, $200,000. 
MILTON DARGAN, Resident Manager. 

Office, 25 Pine Street, New York, N. Y. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

United States bonds, $350,000 00 $404,250 00 

Albany & Susquehanna R.R. Co. bonds, . . 15,000 00 16,800 00 

Atchison, Topeka & Santa Fe R.R. Co. bonds, 34,000 00 34,977 50 



446 



THE LANCASHIRE INSURANCE CO. 



Baltimore & Ohio R.R. Co. bonds, . 
Brooklyn & Montauk R.R. Co. bonds, 
Chicago, Burl. & Quincy R.R. Co. bonds, 
Chic, Mil. & St. Paul R.R. Co. bonds, . 
Chicago & Northwestern R.R bonds, 
Chic , Rock Island & Pacific R.R. Co. bonds, 
Cleve , Cin., Chic. & St. Louis R.R. Co. bonds 
Chic, St. Louis & N. Orleans R.R. Co. bonds, 
City of Portland, Ore., water bonds, 
City of New York corporate stock, . 
County of Essex, N. J., park bonds, 
Detroit, Mon. & Toledo R.R. Co. bonds, . 
Equitable Gas Light Co., N. Y., bonds, . 
Illinois Central R.R. Co. bonds, 
Michigan Central R.R. Co. bonds, . 
N. Y. Central & Hudson River R.R. Co. bonds 
N. Y., Lack. & Western R.R. Co. bonds, . 
Northern Central R.R. Co. bonds, . 
North Pennsylvania R.R. Co. bonds, 
Ottum., Cedar Falls & St. P'l R.R. Co. bonds, 
Philadelphia & Erie R.R. Co. bonds, 
Pennsylvania R.R. Co. bonds, . 
Pennsylvania Co. bonds, .... 
Rome, Watertown & Ogdens. R.R. Co. bonds 
Syracuse, Bing. & New York R.R. Co. bonds, 
State of Georgia bonds, .... 
St. Paul & Northern Pacific R.R. Co. bonds, 
St. Paul, Minn. & Man. R.R. Co. bonds, . 
Thirty- Fourth St. Crosstown R.R. Co. bonds, 
Western Pennsylvania R.R. Co. bonds, . 
Chic, Mil. & St. Paul R.R. Co. stock, 



Par Value. 

$88,000 00 
30,000 00 
35,000 00 
45,000 00 
40,000 00 
20,000 00 
50,000 00 
35,000 00 
50,000 00 

150,000 00 
25,000 00 
19,000 00 
25,000 00 
45,000 00 
15,000 00 
10,000 00 
15,000 00 
8,000 00 
10,000 00 
20,000 00 
18,000 00 
20,000 00 
10,000 00 
25,000 00 
22,000 00 
25,000 00 
22,000 00 
50,000 00 
3,000 00 
10,000 00 
10,000 00 



Market Value. 

186,357 50 
32,550 00 
36,750 00 
55,012 50 
43,600 00 
26,600 00 
50,000 00 
38,750 00 
59,500 00 

167,437 50 
26,375 00 
22,610 00 
30,000 00 
46,537 50 
17,850 00 
10,650 00 
90,650 00 
8,720 00 
10,950 00 
22.000 00 
24,480 00 
22,400 00 
11,650 00 
31,625 00 
26,070 00 
26,687 50 
28,820 00 
55,250 00 
3,540 00 
11,300 00 
18,800 00 



81,349,000 00 $1,529,450 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Premiums in course of collection (gross), 
Gross assets, 



§385,585 72 

1,529,450 00 

480 63 

127,472 03 

265,749 15 



£2,308,737 53 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



$243,425 00 
16,848 30 



260,273 30 



Balance, $2,048,464 23 



THE LANCASHIRE INSURANCE CO. 



447 



Liabilities. 

Losses adjusted, unpaid, $112,724 69 

claimed and reported, .... 137,118 98 

disputed or resisted, .... 26,546 37 

Total amount of losses, $276,390 04 

Less reinsurance, 10,638 54 

Net amount of unpaid losses, .... $265,751 50 

Unearned premiums on outstanding risks, . 1,392,339 06 

Reclaimable on perpetual fire policies, . . 6,764 85 

State and local taxes, 5,000 00 

Commissions and brokerage, .... 40,000 00 

Reinsurance disallowed, 6,744 30 

Gross liabilities, except capital, . . $ 1,716,599 71 

Deduct liability on special deposits, . . 152,588 17 

Surplus as regards policy holders, 

Deposit capital, 



Surplus over capital, .... 

Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 



$254,518 42 
2,444,125 74 

^2,698,644 16 
265,749 15 



Entire premiums collected, .... $2,432,895 01 
Less reinsurance and return premiums, . . 546,109 38 

Net cash fire premiums received, . . . 

Interest and dividends received from all sources, . 

Income from rents, 

Deposits received for perpetual fire risks, . $225 15 

Received from home office, .... 167,309 06 



1,564,011 54 

$484,452 69 

200,000 00 

$284,452 69 



^,886,785 63 

61,376 01 

7,142 07 



Gross cash income, $1,955,303 71 



Expenditures. 
Cash paid for fire losses, $1,459,580 05 

Deduct salvage and reinsurance, . . . 130,307 00 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, .... 

for salaries of officers and employees, . 

for State and local taxes, 

for incidentals, 

Deposits returned on perpetual fire risks, . $279 40 

Remitted to home office, 73,616 94 

Gross cash expenditures, 



$1,329,273 05 

342,767 38 

178,045 91 

64,515 34 

153,647 93 



§2,06S,249 61 



448 



LAW, UNION AND CROWN INSURANCE CO. 



Risks and Premiums. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Total, 

Deduct risks expired and terminated, 

In force at end of year, 
Deduct amount reinsured, 

Net amount in force, . 
Perpetual risks in force (not incl'd above), 



$283,426,329 00 
.241,298,167 00 

$524,724,496 00 
. 225,850,420 00 

$298,874,076 00 
. 22,851,876 00 

$276,022,200 00 
. $256,100 00 



Miscellaneous. 
Fire losses incurred during the year, 



Premiums. 

$2,807,454 64 

2,444,125 74 

$5,251,580 38 

2,263,454 94 

$2,988,125 44 

207,416 81 

$2,780,708 63 

$7,516 50 



$1,306,480 00 



UNITED STATES BRANCH OF THE "LAW, UNION AND CROWN 
INSURANCE COMPANY, 1 ' LONDON, ENGLAND. 

Deposit Capital, $200,000. 
HALL & HENSHAW, United States Managers. 

Office, 35 Pine Street, New York City. 



Detailed Statement of Stocks and Bonds. 

Par Value. 

$250,000 00 

189,000 00 

20,000 00 

20,000 00 

35,000 00 



United States bonds, 

New York city bonds, .... 

Illinois Central R.R. bonds, 

Standard Gas Light Co. bonds, 

Pitts., Cin., Chicago & St. Louis R.R. bonds, 



Market Value. 

$346,875 00 

202,230 00 

20,800 00 

23,300 00 

40,775 00 



$514,000 00 $633,980 00 



Summary of Assets Dec. 31, 1900. 



Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, .... 
Interest due and accrued, .... 
Premiums in course of collection (gross), 
Gross assets, 



Unadmitted. 



Special deposits in other States, 
Cash not in control of trustees, 



$633,980 00 

4,991 86 

8,129 29 

3,513 63 

50,169 88 



$69,375 00 
13,121 15 



$700,784 66 



82,496 15 



Balance, $618,288 51 



LAW, UNION AND CROWN INSURANCE CO. 



449 



Liabilities. 
Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 

Less reinsurance, .... 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks 
Commissions and brokerage, . 
Return premiums and reinsurance, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, . 
Deposit capital, 



$8,036 32 

44,482 59 

1,275 00 

153,793 91 
13 95 

§53,779 96 

226,174 47 

7,479 08 

5,404 27 

$292,837 78 
5,099 00 



$287,738 78 

8330,549 73 
200,000 00 



Surplus over capital, $130,549 73 



Income. 
Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, 

Interest and dividends received from all sources, 



$51,442 25 
557,435 23 



,877 48 
50,169 88 

$558,707 60 
175,982 07 



$382,725 53 
20,104 29 



Gross cash income, $402,829 82 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$306,598 16 
51,001 29 



$255,596 87 

104,423 58 

6,877 54 

11,639 27 

8,631 65 



Gross cash expenditures, 



$387,168 91 



450 



LION FIRE INSURANCE CO. 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premium*. 

. $35,778,796 00 $358,532 25 
. 50,199,582 00 557,435 23 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . 
Deduct amount reinsured, 

Net amount in force, . 



.$85,978,378 00 |915,967 48 
. 40,814,232 00 422,865 16 



. $45,164,146 00 $493,102 32 
. 5,354,260 00 54,371 14 



. $39,809,886 00 $438,731 18 



Miscellaneous. 
Fire losses incurred during the year, 



$274,011 00 



UNITED STATES BRANCH OF THE "LION FIRE INSURANCE 
COMPANY^ 1 LONDON, ENGLAND. 

Deposit Capital, $200,000. 

JAMES H. BREWSTER, Assistant Manager. 

Office, Hartford, Conn. 
Detailed Statement of Stocks and Bonds. 

Par Value. Market Value. 

City of Portland, Ore., bonds, .... $50,000 00 $61,500 00 

City of Brooklyn bonds, 210,000 00 210,000 00 

City of Richmond bonds, 17,000 00 18,190 00 

Georgia State bonds, 25,000 00 27,437 50 

County of Lucas, O., bonds, .... 100,00000 113,000 00 

Baltimore & Ohio bonds, 25,000 00 25,343 75 

Atchison, Topeka & Santa Fe R.R. bonds, . 25,000 00 25,718 75 



$452,000 00 $481,190 00 



Summary of Assets Dec. 31, 1900. 



Cash value of unencumbered real estate, 
Loans on mortgage of real estate (first liens *), 
Interest due or accrued thereon, 
Stocks and bonds, as per schedule, . 
Cash in the office of the company, . 
Cash deposited in bank, . 
Interest due and accrued, . 
Premiums in course of collection (gross), 
Gross assets, 



$4,500 00 

232,577 50 

5,351 40 

481,190 00 

145 94 

71,538 17 

7,010 83 

82,726 86 



$885,040 70 



* Value of lands mortgaged, $172,560 00 

Value of buildings thereon, 331,980 00 

Amount of insurance held as collateral 259,500 00 



LION FIRE INSURANCE CO. 



451 



Unadmitted, 



Special deposits in other States, 
Cash not in control of trustees, 



$203,665 00 
145 94 



$203,810 94 



Balance, $681,229 76 



Liabilities. 

Losses adjusted, unpaid, . 

claimed and reported, . 
disputed or resisted, 

Total amount of losses, 
Less reinsurance, 

Net amount of unpaid losses, . 
Unearned premiums on outstanding risks, 
Commissions and brokerage, . 
Return premiums, 
Reinsurance, .... 
Reinsurance disallowed, . 

Gross liabilities, except capital, 
Deduct liability on special deposits, 



Surplus as regards policy holders, 
Deposit capital, .... 



,425 96 
30,602 10 
2,100 00 

$53,128 06 
3,685 79 

$49,442 27 

433,812 47 

13,228 62 

6,825 63 

8,073 35 

679 59 

$512,061 93 
53,267 17 



Surplus over capital, . 



458,794 76 

$222,435 00 
200,000 00 

$22,435 00 



Income. 

Fire premiums outstanding Dec. 31, 1899, 
Premiums on risks written or renewed, . 



Total, 

Premiums now in course of collection, . 

Entire premiums collected, 

Less reinsurance and return premiums, . 

Net cash fire premiums received, . . . 

Interest received on mortgages, 

Interest and dividends received from all other sources, . 
Income from rents 



$61,828 85 
825,816 01 

$887,644 86 
82,726 86 

$804,918 00 
239,163 92 



$565,754 08 

11,609 13 

15,172 19 

78 16 



Gross cash income, $592,613 66 



452 LIVERPOOL AND LONDON AND GLOBE INSURANCE CO. 



Expenditures. 

Cash paid for fire losses, 

Deduct salvage and reinsurance, 

Net cash paid for fire losses, .... 

Cash paid for commissions and brokerage, 

for salaries of officers and employees, 

for State and local taxes, 

for incidentals, 



$447,823 73 
88,377 50 



1859,446 23 

122,440 76 

32,169 43 

23,320 77 

33,584 83 



Gross cash expenditures, $570,962 02 



Fire risks outstanding Dec. 31, 1899, 
Fire risks written during 1900, 



Risks and Premiums. 

Premiums. 

.$88,235,797 00 $942,167 85 
. 73,406,600 00 825,816 01 



Total, 

Deduct risks expired and terminated, 

In force at end of year, . . 
Deduct amount reinsured, 

Net amou